At Waymaker Financial Planning, we believe that everyone needs access to a CFP® professional. We set up our firm so that our service model is flexible and priced fairly for both parties. Each person is unique and has different goals and objectives. In every conversation, we will listen to what you are trying to accomplish. Through collaboration with you, we will find the best solution to meet your needs and help you reach your financial goals.
Our planning fees are based on the scope of services, the complexity of your circumstances, and a billable rate of $250 per hour. You will get a firm estimate of the fee for our work, and we will agree on the scope of the engagement before any work begins.
Thank you for the opportunity to earn your business. We look forward to serving you, and we count it a privilege to help you make wise financial decisions!
Waymaker Services include:
Modular Financial Plans
- Sample fee: Investment Analysis $750+
- Sample fee: Retirement Planning and Investment Analysis $2,750+
- Short-term engagement
- Narrow focus with 1 or 2 planning areas
- Best for a client who does not need ongoing advisor support
- Written recommendations at plan delivery
- 2 working meetings and 2 15-minute check in calls after plan delivery
- Recommendations are implemented by the client.
- Periodic reviews/updates are encouraged. Additional planning fee required.
One-Time Financial Plans
- Average planning fee: $3,750 - average complexity.
- Short-term engagement
- Broad based, more thorough approach
- Topics typically include cash flow analysis, retirement planning, employee benefit review, and tax planning strategies.
- Best for clients who does not need ongoing advisor support
- Written recommendations at plan delivery
- 2 working meetings and 2 15-minute check in calls
- Recommendations are implemented by the client.
- Yearly reviews/updates are encouraged. Additional planning fee required.
Ongoing Financial Planning
- Typically starts at $1,500 per quarter - average complexity.
- Advisor support to help you implement plan recommendations.
- 2 to 3 additional meetings in Year 1 and in subsequent years
- Meetings cover implementation, monitoring your progress, updating your plan, and making new recommendations as needed.
- Best for clients who need ongoing support, accountability, and Net Worth of $750K.
- Includes Investment Analysis. Investment Management is a separate service.
Investment Management Services
Is managing your investments getting too time consuming and complicated? Do you want a professional Fiduciary CFP® to delegate your investment decisions to? Let's chat!
We can help you:
- Construct a well-diversified and low cost portfolio.
- Manage retirement income distributions and cash flow.
- Tax location coordination to minimize taxes.
- Process actual trades for your accounts; Roth conversions and rebalancing when needed.
- Monitor overexposure to certain industries and countries
- Invest in portfolios that match your values, if requested
- Determine your risk tolerance and risk capacity
- Meetings at least once a year to review your portfolio.
This is an optional service. We don't require you to move your investment accounts to us unless it makes your life easier, and you feel it would be of benefit.
We don't design cookie cutter portfolios. Instead, we carefully research and design individually-tailored portfolios that will help you build your wealth over time, meet your retirement income goals, while also enabling you to sleep at night! We do this through managing risk and collaborating with you to discover what level of risk you are comfortable with. Our approach to investing is evidence-based, and although we can't eliminate risk completely, we seek to minimize risk through asset allocation and monitoring your accounts with us. We help our clients focus on their long-term goals and long-term plans; not the day-to-day fluctuations in the market.
We use Charles Schwab and SEI to safeguard client assets. You can view your account online at any time, and you will receive quarterly statements from the custodian and if you have any questions, we are always available to help you.
Our Fee Schedule:
