How We Are Paid

FEE BASED MANAGEMENT

Fee Based Financial Advisors

We get this question everyday from prospective clients asking us how we are paid. We believe a transparent approach is the best answer.

How Financial Advisors Are Paid

Financial advisors are either paid a commission by a company for selling their financial products such as mutual funds or annuities, or they can be paid a fee directly by their clients or in some cases both.

We believe a simple, direct client fee approach takes away the influence a large investment company could have over a financial advisor. So, when given the choice, we choose to be paid directly by our clients.

Occasionally, there may be a scenario where a client wants or needs a financial product, such as an annuity, that does not offer the option to be paid directly by a client. For this approach, we strive to ensure that the client understands all of the associated costs and fees of these types of financial products before they invest in one.

OUR FEE BASED CHOICES

FULL ADVISORY SERVICES

$2,500 Minimum Annual Fee (paid in quarterly increments). This includes:
– Up to 10 hours of financial advice and planning annually
– Investment management for investable assets less than $250,000 per household.

For households with assets under management greater than $250,000 the annual fee is:
– A minimum of 1% of assets under management with breakpoints starting at $2,000,000 assets under management.
– Additional hours of financial advice and planning are included according to the amount of assets under management.

FINANCIAL ADVICE AND PLANNING ONLY

Financial planning or hourly consulting services are available beginning at $125 per hour with a 3-hour minimum. Please refer to our financial planning offer for more details on our comprehensive fee based financial planning services.

Bottom line, we exist to serve our clients’ best interests.

Bob Nate and Mary Jo

Schedule a complimentary 15 minute call today.

Learn more about CIS Wealth and how to get started.