Our aim is to meet clients where they are in their financial journey. We recognize that can take different forms depending on your season of life, to account for that, we have a variety of service and fee structures designed to accommodate a variety of needs. Balanced Life Planning is a Fee-Only firm, meaning we do not receive commissions or income from products, services, or providers based on sales.
Full-Service Financial Planning with Investment Management
This service is designed for families looking to delegate all aspects of Financial Planning and Investment Management. This service includes:
- Ongoing Investment Management
- Portfolio Rebalancing
- Tax Aware Investment Strategies
- Tax Planning and Coordination
- Retirement and Cash Flow Planning
- Estate Planning
- Equity and Deferred Compensation Analysis
- Insurance Review and Analysis
Fees are calculated on Assets Under Management (AUM) and are billed on a quarterly basis based on the following table:
| Assets Under Management | Annual Fee |
|---|---|
| $0 - $1,000,000 | 1.00% |
| $1,000,001 - $2,000,000 | 0.90% |
| $2,000,001 - $5,000,000 | 0.80% |
| $5,000,001 - $10,000,000 | 0.60% |
| $10,000,001 and Above | 0.40% |
Guided Financial Planning
This service is designed to provide comprehensive financial planning to families that may not be looking for a Full-Service solution.
Ideal families for this service:
- Emerging Wealth seeking a partner to set a financial foundation
- Professionals that have significant amounts of wealth in deferred compensation, equity compensation, or Employee Stock Purchase plans (ESPP)
- Families that prefer to manage their own investments
This service provides the following:
- Periodic Investment Review and Recommendations*
- Tax Planning and Coordination
- Retirement and Cash Flow Planning
- Estate Planning
- Equity and Deferred Compensation Analysis
- Insurance Review and Analysis
* Balanced Life Planning will not implement investment recommendations.
The fee for this service is dependent on several variables based on the needs of the client, complexity, estimated time, and resources required.
Fees are fixed and are paid monthly ranging from $150-$500.
Projected Based Financial Planning
For those unique planning situations, we offer a project-based planning engagement. We will meet to review your needs and will jointly define deliverables and scope for the engagement.