How Our Fees Work
Our fees are split up into startup (one-time fee) and ongoing (monthly fee) tasks. Fees for startup and ongoing tasks depend on the work involved and are determined on a case-by-case basis. One of the differences between C. B. Bond Financial Planning and other firms is that our fixed dollar fees combine both financial planning and investment advice/management. There is no separate asset management fee.
Factors That Can Determine Fees
- Number and types of investment accounts, e.g. employer plans, IRAs, taxable investments, college savings, inherited accounts or savings accounts
- Complexity related to items such as employer stock, stock options and restricted stock, business ownership, debt management, pensions, annuities, life insurance and multiple earners
- Income and net worth
Range of Fees
For Typical Values of Net Worth
Your actual fee may be in this range, higher or lower depending on the specific factors above.
Net Worth |
Typical Fee For Startup Tasks |
Typical Monthly Fee For Ongoing Tasks Ongoing Tasks |
|
Up to $500,000 |
$1,500 to $3,000 |
$200 to $300 |
|
$1,000,000 |
$2,000 to $3,500 |
$250 to $375 |
|
$2,000,000 |
$3,000 to $5,000 |
$300 to $425 |
|
$3,000,000 |
$4,000 to $6,000 |
$350 to $500 |
|
$4,000,000 |
$5,000 to $7,500 |
$425 to $625 |
|
$5,000,000 |
$6,000 to $10,000 |
$500 to $750 |
|
Above $5,000,000 |
Varies |
Varies |
How Can We Help?
If you have any questions about how our fees work or if it makes sense to work together,
feel free to schedule an initial chat with us to discuss a bit more.