Designed with You in Mind
For all new clients, we set a brief complimentary appointment. A data gathering meeting typically follows the initial meeting to collect all information relevant to engagement. At this point, the client receives an engagement letter, advising of the total cost (depends upon the amount of service desired by the client). The client is free to accept, reject, or reconsider the services. Once a client accepts the proposed engagement, one-quarter of the agreed upon fee is due before work begins; the balance is due in quarterly payments until the completion of the plan.
Comprehensive Planning
An ICMC Comprehensive Plan fits clients who interested in an integrated plan, encompassing all aspects of one’s financial life. For the first six to nine months, we will analyze your current financial position and make recommendations to put your plan in action. The remainder of the meetings are for checking progress and assisting with implementing recommendations.
Typical comprehensive plans begin at $5,000, covering services for 12 months. One-quarter of the fee is due upon acceptance of the engagement letter. The remainder is due quarterly until the plan is completed.
Legal Pad Financial Plan
Designed for clients who interested in advice on a specific topic, a Legal Pad Financial Plan focuses on a limited project or provides a fast-track financial plan. After the initial meeting, an estimate is prepared and a fee is quoted for the desired services. Based on the depth of the project, fees range from $1,600–$3,500.
Investment Management
Investment Management clients receive ongoing investment management services only. This service is for clients with a company retirement plan or portfolio residing outside of the normal financial planning service. Fees are based on the balance of the investment account(s) under management at the beginning of each quarter.
The quarterly payment brackets for this service are as follows:
| Assets Under Management | Fee Computation |
| up to $1,000,000 | .25% per quarter ($1,250 minimum) |
| $1,000,000 to $2,00,000,000 | .1875% per quarter (.75% annually) |
| $2,00,000,000 to $4,000,000 | .125% per quarter (.50% annually) |
| Over $4,000,000 | .0625% per quarter (..25% annually) |
Some clients pay an annual fixed fee in lieu of a percentage of assets for ongoing services. An estimate of value of service is mutually agreed upon and billing occurs quarterly.
Please review our current ADV II and Schedule F for more information.
