We believe that clear and concise fee schedule information is important for our client relationships and fiduciary oath. Since we are a fee-only financial advisor, our only compensation comes from our clients. We do not receive any commissions, referral fees, kickbacks, or side deals to line our pockets from third parties.
This commitment isn’t the case with a fee-based financial advisor who can sell you commission-based products like annuities or insurance on top of their investment advisory fee schedule. We like to call that double-dipping into the client’s wallet.
As a fiduciary in Portland, OR, we believe a straightforward, transparent fee schedule outlining our investment and financial planning services fees is crucial. The chart below lists all the fees you’ll ever pay us.
We hope this will help you understand what you’re paying for and help you make more informed decisions about using wealth management in Portland.
|Assets Under Management||Annual Fee|
|$0 to $499,999||1.25%|
|$500,000 to $1.0 million||1.00%|
|Next $2.0 million||0.75%|
|Next $2.0 million||0.55%|
|Above $5.0 million||0.45%|
As an example, a client with $650,000 in investable assets would pay 1.25% on the first $499,999 and 1% on the remaining $150,001 for an average fee of 1.19%. A client with $2,500,000 in investable assets would pay 1.25% on the first $499,999, 1% on next $500,000 and .75% on the remaining $1,500,001 for an average fee of 0.90%.
We bill and collect fees quarterly for services most recently provided in arrears. Payments for partial quarters at the start or termination of the relationship will be adjusted based on the number of days the account was open during the quarter.