15707 Rockfield Boulevard,
We strive to be as transparent as possible. Realizing that a misconception about fees is one barrier that prevents many people from accessing the expertise a financial advisor can offer, we have included a general summary of our fee structure. As always, we offer a free, 30-minute introductory call where we can best determine what makes sense for you given your unique situation.
Investment Management: Our investment management services are billed on a declining tiered schedule based on the balance of your account, beginning at 1.65%. Typical minimum account balance is $300,000, but lower balances may be accepted based on your situation. Account balances above $500,000 will also receive access to our Comprehensive Wealth Management and Financial Planning services outlined below.
Comprehensive Wealth Management and Financial Planning: Services will vary based on your life stage according to the chart below. All services are included as part of your Investment Management billing with a minimum account balance of $500,000.
Diagnostic Fee: Occasionally, in order to comply with industry regulation requirements, some situations may require a detailed analysis and comparison to determine a proper course of action. This may require up to 3 hours of work to properly assess and will be a one-time upfront cost of $300. Following the diagnosis, if it is advisable to continue working with Sherpa Financial Advisors long-term, this diagnostic fee will be credited toward your investment management fee.
Financial Success Stress Test and Tracking Program: Analyzing all expenses, income and investments we utilize our comprehensive software program to identify how likely you are to be able to fund all of your goals without running out of money, showing the probability of success based on variables such as inflation, low investment returns, health care needs, etc. A one-time fee starts at $2,000 depending on the complexity of your situation. Half is due upfront and the balance upon completion.
Consultation and Project Based Planning: A fee will be quoted to you at the beginning of engagement and will vary depending on the complexity of the project and services being provided.