Fee Only Financial Planning and Investment Management
We don’t sell anything here except our advice. We are a strictly Fee-Only financial planner, meaning compensation for the services we provide comes solely from our clients. We participate in no contests, commissions, or bonuses. Our clients always come first, and we are free from the conflicts of interest that are common among other financial and wealth management advisors.
At the end of our initial consultation, we will present you with options on how we can assist you and what it will cost. In a world of hidden fees and surprise back-end charges, our fees are always clear upfront.
When you hire BWFA for your investment portfolio management, you benefit from pricing that puts us on the same side of the table: we both want to grow your account! Our pricing is based on assets that we manage, and we currently do not have a minimum account size. We strongly believe in treating all of our clients with the same respect. Below are the percentages that we use for our fee-only services:
1.25% on the first $500,000 of assets under management
1.00% on assets under management between $500,000 and $2,000,000
0.85% on assets under management between $2,000,000 and $5,000,000
0.75% on assets under management between $5,000,000 and $10,000,000
0.65% on assets under management in excess of $10,000,000
One-fourth of the annual fee is assessed at the end of each calendar quarter (every three months) on the balance under management at BWFA.
Planning fees for Financial Plans are fixed in advance and typically range from $1,500–$5,000 for a financial blueprint plan or a comprehensive pre-retirement, retirement, or estate plan.
Pricing for tax services typically runs $500—$1000 for a personal return. Fees do vary considerably depending on the complexity and schedules required. Bring in last year’s tax return for a free quote. We also consult on a project basis on many tax issues including: exercising stock options, buying and selling property, and planning to minimize AMT.
Smart investors choose their financial advisor based on experience, objectivity, integrity, and quality of advice. Expect to pay reasonable fees for a high-quality advisor who invests real time with you; otherwise, you may end up paying a lot more in the long run. At BWFA, you receive service that is clear, upfront, and honest. We work for the best interests of our Laurel, Ellicott City, and other Howard County clients, as well as those we work with nationwide. Take the time to get to know how a fee-only investment planning firm can help you make the most of your money. Contact us at 410-461-3900 or firstname.lastname@example.org.
August 2018 – Annual Client Confidentiality Notice