As a NAPFA registered investment advisor, Life Planning Partners, Inc. is paid only by the client. Developing and implementing a financial life plan is a complex process that takes time, knowledge, and resources, and our clients understand and appreciate the commitment involved.
Many financial planning firms base their fees on the amount of assets managed. For example, an asset fee of 1% on $1 million of assets equates to $10,000 charged per year. For this fee, many of these firms do not provide a full range of financial life planning services.
To make certain we are a good fit, we offer a no obligation “lets get acquainted” session.
|Life Planning Partners, Inc.||Asset-Based Fee Advisor||Commissioned Salespeople|
|Form of Compensation||Flat retainer based on complexity and services||Percentage of assets (typically 1% or more)||Commission
(varies by product)
|Cost to Client||Fees start at $1,250
|Example: $1 million portfolio – $2,500 per quarter||???|
|Goal Setting and
|Cash Flow Planning||Yes||?||?|
|Net Worth Review||Yes||?||?|
|Mortgage Review and Assistance||Yes||?||?|
|Health Care Planning||Yes||?||?|
|Financial Life Coaching||Yes||?||?|
Attorneys, CPAs, etc.
(not influenced by compensation)