Pricing

At Wise Planning, we stress the importance of costs as being one of the important components of financial success that we can control. We make every effort to minimize client expenses by recommending efficient methods for implementing our strategies and providing our own services at the lowest reasonable cost.

Wise Planning is committed to providing exceptional, personalized service.  We are confident that our clients receive more service for less cost than almost anywhere in the industry.

Our fees for project and ongoing Personal Financial Planning clients are based on assets and complexity of the client profile.

Personal Financial Advisory Service Fee Guidelines
The matrix below provides the fee range for levels of investment assets.  Investment Assets are generally defined as all assets owned other than a personal residence, personal property, and closely held business.

Investment Assets Annual Fee Range
$0-$800,000 $2,500 $3,200
$800,000-$1,200,000 $3,200 $4,800
$1,200,000-$1,600,000 $4,800 $6,400
$1,600,000-$2,000,000 $6,400 $8,000
$2,000,000-$3,500,000 $8,000 $10,000
$3,500,000-$5,000,000 $10,000 $12,000
$5,000,000-$7,500,000 $12,000 $15,000
$7,500,000 – $20,000,000 $15,000 $22,000
$20,000,000+ Negotiated

 

Personal Financial Planning Project Fee Guidelines
These fees vary based on the nature of the project.  A typical project is a comprehensive financial plan with three months of implementation assistance.  For this, fees are typically 75%-150% of  an annual personal financial advisory service fee based on the matrix above.  

401(k) Advisory Fees

  • One-time set-up fee ranging from $1,500 to $12,000 depending on the number of plan participants and enrollment meeting locations
  • Ongoing annual advisory fee ranging from $1,000 to $5,000.  This fee is based on total plan assets, assuming one annual meeting location. Additional meeting locations or frequency will be billed at $250 per planner hour.