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. This is known as Assets Under Management (AUM), and it usually costs around 1% of your investable assets per year.

At Think Different Financial Planning, we do not charge based on how much we manage. Instead, we charge a flat fee of $2,250 each quarter.

We believe a flat 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 incentivize 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% model.

For example, assume a 7% rate of return for an investor with two million dollars. After twenty years the client’s portfolio is worth $930,311 less when paying a 1%, which starts at $20,000 per year and rises over time, versus a flat monthly fee of $750:

Using the same assumptions, an investor will pay $735,712 in cumulative fees over 20 years if they pay 1%. This compares with $180,000 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.