Fees

$7,800 Per Year

Our straightforward pricing provides transparency and minimizes conflicts of interest.

Why A Flat Fee?

As a fiduciary we strive to put your interests first. To us, that means providing our service for a fair and transparent price while minimizing our conflicts of interest.

Most financial advisors charge based on the value of your portfolio, known as Assets Under Management (AUM). This costs approximately 1% of your investable assets per year.

At Think Different Financial Planning, we do not charge our clients based on how much we manage. Instead, we charge a flat annual fee of $7,800, charged in quarterly increments of $1,950.

We believe a flat retainer fee is a more appropriate, fair, and transparent compensation method. It does not cost more to manage a $5,000,000 portfolio versus a $500,000 portfolio. Why should a client pay tens of thousands of dollars more to receive the same service and investment portfolio?

AUM fees also create a conflict of interest: it incentivizes the advisor to manage as many assets as possible in order to increase their fee.

Lastly, AUM fees are expensive. These high fees significantly reduce a client’s portfolio value. In fact, the total fees paid and reduced portfolio value is shocking when you compare our flat fee to a traditional 1% of AUM model.

For example, assume a 7% rate of return for an investor with two million dollars. After twenty years the client’s portfolio value is $982,950 less when paying a 1% AUM fee, which starts at $20,000 per year and rises over time, versus a flat fee of $7,800 per year:

Using the same assumptions, an investor will pay $735,712 in cumulative fees over 20 years paying 1% of their investable assets. This compares with $156,000 the investor could have paid with our flat-fee structure:

If you are interested in working with a flat-fee advisor, we look forward to connecting with you.