Fees and Our Fiduciary Responsibility
WE TAKE YOUR FINANCIAL FUTURE SERIOUSLY
Peak Wealth Planning provides fee only services. We charge for the research we do for you, the assets we protect and grow, and the advice we provide. We are not compensated for selling you a specific mutual fund, stock, or other investment product.
Peak Wealth Planning, LLC is a Registered Investment Adviser (RIA). As an RIA, we have a responsibility to act in your best financial interest. Before we recommend a specific investment, we take the time to understand your financial situation and goals. Through a confidential planning process, we work with you to create a financial plan and an Investment Policy Statement (IPS) that guides our recommendations and actions.
FINANCIAL PLANNING
$4,000 to $12,000 annual fee. Our annual fee depends on the complexity of your financial situation. Examples are below.
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Single person with one or two workplace accounts and no investment property or trusts
~$4,000/year
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Couple with two to four workplace accounts and no investment property or stock options
~ $4,800/year
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Couple with more than four investment accounts, stock options, investment property
~ $7,200/year
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Entrepreneur with a private business or multiple real estate holdings
~ $8,000/year
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Entrepreneur with multiple businesses and trusts, requiring monthly coaching
~ $12,000/year
There is a minimum one-year commitment for our Financial Planning services. Our annual fee is billed quarterly in arrears. Payment is due within 30 days.
INVESTMENT MANAGEMENT
Peak Wealth’s investment management fee schedule is shown below.
If you do not use us for financial planning, our minimum account size for new investment management clients is $1 million. If you use us for financial planning, our minimum account size is $300,000. The 1% fee is billed quarterly in arrears. This fee is to manage the investments (stocks, bonds, cash and funds) in your IRA, brokerage, trust, Roth IRA or other account.
PORTFOLIO REVIEW
Peak Wealth will review a client’s existing portfolio of investments for risk/return profile, fund fees, yield, and whether the portfolio is congruent with the client’s long-term goals. Suggested asset allocation changes will be provided following this review. The fee for a portfolio review is $4,000.
ETHICS AND STANDARDS
The founder of Peak Wealth is a CFA Charterholder and Peak Wealth adheres to the CFA Institute Code of Ethics and Standards of Professional Conduct.
FOR OTHER DISCLOSURES AND PRIVACY INFO SEE OUR DISCLOSURES & LEGAL INFO PAGE.