At most financial firms, fees are buried deep within a 30-page statement and consist of commissions, 12b-1 fees, 401(k) costs, and other hidden charges. This creates several problems for the client. First, to avoid being charged with additional commissions, you may find that you are stuck in a particular fund-family, even when there are better choices somewhere else. We don't believe that this arrangement is best for our clients.
We are fee-only and believe in being transparent about what we charge. That’s why we explain our fees and billing before you sign up as a client.
Normally, our fees are based on the assets that we are managing or advising on, whether it is an investment account, a business, or some other asset.
Investment Management and Comprehensive Wealth Planning
For investment portfolios and retirement accounts, fees are billed quarterly at a rate that usually falls between 0.25% and 0.35% of the account(s) value per quarter. Annually, this comes to fees that are about 1.0% and 1.5% of the account balance. For larger accounts, the percentage will be less.
For new clients, we have a minimum annual fee of $6000.
Business and Other Planning
If we are advising on your business or professional practice we may assess an additional fee or adjust our fees to blend these into a single amount that reflects the level and depth of assistance we are asked to provide.
As with all of our fees, the amount will be clearly communicated and agreed upon at the outset of our relationship.
Investment advice offered through IPI Wealth Management, Inc. 226 W. Eldorado St. Decatur, IL 65222. PHONE: 217-425-6340. Clearstone Wealth Management is not affiliated with Investment Planners, Inc. or IPI Wealth Management, Inc.
Copyright © 2018 Clearstone Wealth Management - All Rights Reserved.
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