Schedule of Compensation

revised effective 08/01/16

General Financial Planning

Initial Meeting                                         $ 99.00
Subsequent Office Visits                       $ 50.00
Formulating a Financial Plan                $ 99.00 per hour*

*any commissions earned from implementation of the plan will be credited toward fees.

Investment Planning/Recommendation

Initial Meeting                                         $ 99.00
Subsequent Office Visits                       $ 50.00
Formulating a Financial Plan                $ 99.00 per hour*

*any commissions earned from implementation of the plan will be credited toward fees.

Retirement Planning

Initial Meeting                                         $ 99.00
Subsequent Office Visits                       $ 50.00
Formulating a Financial Plan                $ 99.00 per hour*

*any commissions earned from implementation of the plan will be credited toward fees.

Tax Planning/Preparation

Preparation Fees
Individual                                 $175.00+
Includes 1040, State IT-40, Schedules A & B, electronic filing
Additional charges for extra schedules may apply
Small Business                        $350.00+
Includes Federal and State
Additional charges for other tax reporting
Tax Research/Consultation      $ 99.00 per hour

Estate Planning

Initial Meeting                                         $ 99.00
Subsequent Office Visits                       $ 50.00
Formulating a Financial Plan                $ 99.00 per hour*

*any commissions earned from implementation of the plan will be credited toward fees.

Further Details of Compensation

As a general rule, my compensation comes in three forms: commissions earned on the sale of the investment or insurance products necessary to implement your financial plan, hourly charges for financial and estate planning services, or fees for tax preparation services.

I work on a “fee offset” model for financial and estate planning services. The initial consultation is free of charge; further work is billed at an hourly rate and office visit fees apply. However, if you use my services to provide the financial products necessary to your situation, any fees due will be reduced by commissions received. Many times this results in no direct fee billing, with my compensation being solely in the form of commissions and trail fees. If you choose to go elsewhere for the financial products and prefer to use my services on an hourly basis, billing occurs after the completion of the financial plan, and no retainer payment is required initially. Clients historically have appreciated the offset approach as it mitigates the potential conflict of interest of having to “sell” financial products to earn revenue. Typically, clients do use me to provide the financial products and the majority of my revenue is derived from commissions, as this keeps me more intricately involved in the ongoing progress of their financial situation, but it is not a requirement to our having a mutually beneficial advisory relationship. Fees for tax preparation services are separate from any other fees or commissions on the financial planning side and are based on the complexity of the tax return. Estimates of the cost of the tax service can be provided based a general fee plus additional charges for schedules and forms required beyond a basic tax return.