FEE SCHEDULE

One of the most common reasons people are reluctant to visit with a financial planner is COST. The financial services industry allows advisors to be paid in many different ways so I wanted to do away with that fear and be transparent about the fees associated with my services. It's simple, easy, and most importantly, transparent.

MyLife Financial offers two separate services, financial planning and investment management. You can be either a "financial planning" client, an "investment management" client, or both. Typically we have found that financial planning only clients prefer to manage investments on their own with little hand-holding while investment management clients prefer to have us manage their investments for them. 

For clients who choose to be both financial planning and investment management clients, typically the financial planning fee is charged until your investment management fee can cover the financial planning service. Have a question? Don't hesitate to ask!

FINANCIAL PLANNING FEE SCHEDULE

UPFRONT FINANCIAL PLANNING FEE:

$1,500 / INITIAL ENGAGEMENT

(PAID ONLY IN THE FIRST YEAR)

ONGOING FINANCIAL PLANNING FEE:

$3,000 / ANNUALLY PAID IN MONTHLY INSTALLMENTS

INVESTMENT MANAGEMENT FEE SCHEDULE

$0 - $500,000

$500,001 - $1,000,000

$1,000,001 - $1,500,000

1.00%

0.90%

0.80%

$1,500,001  - $2,000,000

$2,000,001  - Unlimited

0.70%

0.60%

HAVE A QUESTION?

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