- Your fee structure should be easy to understand, including the fees you are paying now and the fees that you could be paying later.
- That you should review your fees and services periodically or anytime there is a significant change in your situation (loss of loved one, a starting a business, marriage, divorce, etc).
The only compensation we receive is the fee that you pay. This means you do not have to worry that our advice is influenced from recommending or selling products such as life insurance, annuities or mutual funds that pay a commission or service fee.
Unbundled service plans are also available for those who are looking to achieve one or more of the following objectives:
- Use pre-tax IRA dollars (in qualified accounts) to pay for wealth management services instead of using after-tax dollars with a bundled service plan
- Handle asset management fees from retirement and investment accounts to protect current-year cash flow
During an initial meeting, we will explore your situation and identify services appropriate to achieve your goals. After your meeting, you will receive a summary of the services we recommend and the costs to engage One Life in a working relationship.
Your fee is based on your level of investment assets, the complexity of your situation, and your service needs.
We are paid a fixed fee for ongoing financial planning and One Life Coaching services and a fee based on the percentage of assets under our management.
Financial Planning Only
If we only perform financial planning or One Life Coaching services, our planning fees can range from $1,200 – $20,000 annually or $1,200 – $15,000 for a one-time agreement.
Asset Management Only
If we only manage assets for you, your fees are based on the size of your investment portfolio.
*Inflation and changes in your future service needs can impact our fees. Your fee schedule will never change unless you agree to those changes in advance and in writing. Financial Life Planning includes One Life Coaching and Financial Planning services.