Working Together

Working Together

 

If you’re looking for a financial planner there’s a chance we could be a good fit to work together.

Please read the details below about who I typically work with and my financial planning process.  If at that point you think you’re a match, you can book some time on my calendar below.

 

Who I Work With

• Small business owners, physicians, attorneys, and other professionals.

• People of all ages, including graduates starting their careers, to couples navigating toward retirement, to retirees seeking to preserve and distribute their assets efficiently

• People seeking to reduce stress when it comes to financial decision making

• People seeking to simplify their life by organizing and improving their finances

• People all over the country.  I am location independent, and often meet with clients virtually via Skype or Google Hangouts

• Small to mid sized businesses.  I help build and manage 401(k), 403(b), profit sharing, and other retirement plans.

 

Who I Don’t Work With

• People looking for help picking penny stocks or day trading

• People who allow “breaking news” from financial media to affect their financial plan or investment strategy

• People who need to be on the phone with their advisor every day

 

How I Work With People

• My objective is to help each of my clients grow and preserve their wealth to support their long term goals.

• To do this I offer several different services through my registered investment advisory firm
Three Oaks Capital Management:

 

Comprehensive Financial Planning

Investment Management

Student Loan Planning

Retirement Plan Services

 

• To streamline the planning experience, I use a proprietary 5 step process called Confidence in Advanced Planning. You can learn more about it here.

• I meet with comprehensive planning clients 2-4 times per year depending on their needs, and all my clients have unlimited access to me as they need it. Most meetings take place in a video conference or over the phone, but I’m more than happy to meet in person for anyone nearby.

 

How Much It Costs

 

Comprehensive Financial Planning

Initial Fee

There a one time enrollment fee for the initial financial plan, ranging from $500 to $5000 based on complexity. 50% of this initial fee up to $500 is billed up front.

There is a 100% guarantee on financial plans. If you don’t find value in the initial plan we will refund your up front fee.

 

Annual Retainer

The annual retainer fee is 1% of your adjusted gross income, plus a percentage of your net worth based on the following tiers:

$0 – $2,000,000: 0.50%
All above $2,000,000: 0.25%

There is a $1200 minimum for annual retainer fees, which may be reduced to $900 for medical resident and fellows on a case by case basis.

 

Investment Management

Investment management fees are a percentage of assets under management per year.  Financial planning clients are given a preferred rate discount:

 

Financial Planning Clients

First $500,000: 0.75%
Next $500,000: 0.75%
Assets over $1,000,000: 0.50%

 

Non-Financial Planning Clients

First $500,000: 1.50%
Next $500,000: 1.25%
Assets over $1,000,000: 1.00%

 

Student Loan Planning

One borrower: $500
Two borrowers: $800
Additional borrowers: $250 each

 

Retirement Plan Services

0.15% to 1.5% of plan assets per year, depending on the scope and complexity of services provided.

 

Other Stuff

• I’m a fee-only advisor, meaning that I’m only compensated by my clients directly.  I don’t accept commissions, revenue sharing, or other kickbacks.  This way you never have to wonder whether my advice is genuine, or driven by my own compensation.  While no financial planner or advisor can ever be completely objective, I believe this set up allows me to be moreso than most.  And at the very least, it lets me be completely transparent about my services.

• I’m a fiduciary to my clients, and legally must act in their best interests 100% of the time.

• All client accounts that I manage are held in custody at Charles Schwab & Co., Inc.  This structure is more transparent, protects my clients from fraud, and gives them full access to their accounts 24/7.

 

Next Steps

If after reading this you think you’re a good fit to work together, sign up below for a complimentary 20 minute phone chat so we can get to know each other:

Schedule a Complimentary 20 Minute Phone Chat