Financial Planning Fees
Financial
Fees
Our financial planning process includes a comprehensive review and analysis of your current financial situation, detailed personal recommendations, and actionable steps to help you achieve your financial objectives confidently.
In the industry, it’s normal for an advisor to charge $2,500 or more for a financial plan. At Wellspring, we believe everyone should have access to an affordable financial plan, which is why we offer financial plans for $160 to plan participants and $320 for everyone else. Additionally, there is no separate charge for a financial plan for our Wealth Management Clients (see Wealth Management Fees below).
Description
Price
Wellspring Financial Guide. Initial report production, including email and up to 2 teleconferences necessary to complete the report, delivered electronically and one hardcopy with one follow-up conference. Available exclusively for all ERISA – 401(k), 403(b) – plan participants of Wellspring Financial Partners.
$160
Wellspring Financial Guide. Initial report production includes email and up to 2 teleconferences necessary to complete the report, delivered electronically, one hardcopy, and one follow-up conference. Available exclusively to Wellspring Financial Partners Wealth Management clients.
$0
Wellspring Financial Guide. Available to all non-ERISA – 401(k) and 403(b) – plan participants directed to Wellspring.
$320
Wellspring Financial Partners Financial Plan. Updated Financial Analysis, including two annual meetings, all emails, and teleconferences necessary to complete the plan; delivered electronically with one hardcopy. Available exclusively to Wellspring Financial Partners Wealth Management clients.
$0
Wealth Management Fees
We value transparency and know that fees matter. Therefore, our competitive fee schedule reflects our comprehensive ongoing work.
The percentage of assets charged per year (annum) is listed in the following table by assets level. Fees are negotiable but generally range from .25% to .99% per year of the assets under management.
Client Assets Under Management
Advisor Fee
$0 to to $1,500,000.00
0.99%
$1,500,000.01 to $2,500,000.00
0.85%
$2,500,000.01 to $3,500,000.00
0.60%
$3,500,000.01 to $5,000,000.00
0.40%
$5,000,000.01 and up
0.25%
Wellspring Financial Partners is a registered investment adviser. Advisory services are only offered to clients or prospective clients where Wellspring Financial Partners and its representatives are properly licensed or exempt from licensure. No advice may be rendered by Wellspring Financial Partners unless a client service agreement is in place.
For additional information and details regarding our fees and services, please see our Form ADV.
