We charge a fee for a detailed financial analysis. That analysis may include (depending on your circumstance), retirement planning, insurance analysis, estate planning, cash flow and tax planning and an analysis of your portfolio. A “roadmap” for your future is provided with suggested action items. We can charge based on a flat fee ranging from $2,500 – $10,000, or an hourly rate. The complexity of your situation drives the cost. This can be a onetime project our you can hire us to help manage your assets according to the schedule shown below.
Ongoing Asset Management with Financial Plan Updates
We can manage your investments (they are held at our custodian) under a tiered fee schedule shown below:
1.25% on the first $500,000;
1.00% on the next $4,500,000 (from 500,001 to 5,000,000); and
0.90% on the next $1,000,000 (from 5,000,001 to 6,000,000); and
0.80% on the next $1,000,000 (from 6,000,001 to 7,000,000); and
0.70% on the assets above $7,000,000.
Ongoing asset management includes updates to your financial roadmap on an as needed basis. We recommend that we revise your projections and roadmap when things change you (maybe you want to retire sooner) or perhaps because tax laws changed.
Financial Planning Subscription Service
Here you either do not want us to manage your assets or you may not have accumulated enough for management. You do want advice on an continuing basis.
A $2,500 fee at the beginning
A monthly retainer that starts at $199/month (this is our minimum monthly fee it may be higher based on the complexity of your situation and needs).
This includes a complete financial analysis and advice on an ongoing basis.
What are you paying now?
We are fee-only and act as fiduciaries, because of that we do not accept any payments from a third party. All of our income comes from our clients. If you work with a commission or fee-based advisor, which may include stockbrokers, insurance agents, etc. you may not know exactly how much the relationship is costing you. Those types of advisors can receive revenue from a fee they charge you, and possibly also commissions, trails, and financial incentives offered by the firms that offer the products they sell. They may have an incentive to sell you one type of insurance instead of another or one type of annuity or mutual fund over another because they might earn more.
Stonegate Wealth Management, LLC, is an SEC registered investment advisor. Registration of an investment advisor does not imply any level of skill or training. Stonegate Wealth Management, LLC is in compliance with the current notice filing requirements imposed upon SEC registered investment advisers by those states in which Stonegate Wealth Management, LLC maintains clients. Stonegate Wealth Management, LLC may only transact business in those states in which it is notice filed or qualifies for an exemption or exclusion from notice filings. Any subsequent, direct communication by Stonegate Wealth Management, LLC with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption from registration in the state where the prospective client resides.