Financial Planning Services Tailored to Your Needs:
We provide fee-only financial planning and investment advice services on an hourly or project-basis. Typically, new clients start out on a project-basis. And returning clients on an hourly basis. Below are some of the ways we can work together to meet your needs.
Early Career Financial Checkup
These sessions are usually appropriate for those in their late 20s or early 30s and are limited-scope engagements.
Typically consist of a 90-minute meeting and generally focus on the more pressing issues you may have.
This is an interactive process and a great way to get guidance around specific issues and questions such as goal prioritization, home purchases, coordinating finances with a partner, a new job benefits package, or preparing for a new family member.
A detailed summary memo is provided after the meeting containing key points, detailed recommendations, and additional resources.
$1,200
Mid-Career Financial Planning
These sessions are typically appropriate for those in their mid-to late 30s or in their 40s who are juggling multiple financial priorities.
We will measure your progress toward retirement and other financial goals and help you to prioritize and stay on track.
Topics typically include investment planning, tax planning, cash flow, insurance, retirement planning, and estate planning in addition to any other topics relevant to you such as college planning or purchasing a home.
In terms of investment planning, we will look at your current asset allocation across all of your investment accounts and address any changes that are needed in terms of rebalancing, reducing costs, and maximizing tax efficiency through an appropriate asset location strategy. Asset location refers to holding the right assets in the right account types.
These sessions are designed to focus on your specific needs and typically consist of a 90-minute meeting and a 30-minute follow up meeting.
A detailed summary memo is provided after the 90-minute meeting containing specific recommendations, action items and additional resources.
$1,500 - $1,950 depending on the complexity of your situation
Portfolio Review
Typically appropriate for those in their 50s, 60s, or those already retired.
Designed to ensure that your overall asset allocation matches your risk tolerance and time horizon and puts you on track to meet your goals.
We will look at your current asset allocation across all of your investment accounts and any changes that are needed to your portfolio in terms of rebalancing, adjusting risk, reducing costs, and maximizing tax efficiency through an appropriate asset location strategy. Asset location refers to holding the right assets in the right account types.
We will focus on reducing investment expenses through the use of low-cost index funds and passive ETFs—proven to outperform actively managed funds over the long-term.
For those already retired, we will focus on rebalancing your portfolio and utilizing tax efficient withdrawal strategies.
You will come away from the process with a detailed to do list to implement any recommended changes, rebalancing trades, and withdrawal strategies.
$1,500 - $2,400 depending on the complexity of your portfolio.
Retirement Planning
For pre-retirees in need of retirement planning and investment advice, a typical engagement usually consists of two separate meetings. The first is focused on running retirement planning projections, what if scenarios, and Social Security timing. And in the second meeting we will tackle asset allocation, investment rebalancing and tax efficient withdrawal strategies.
You will come away from the process with detailed cash flow projections for various scenarios along with an accompanying summary memo, in addition to a to do list to implement any recommended investment recommendations, and a summary of recommended withdrawal strategies.
$2,400 - $3,000 for single clients; $3,000 - $3,600 for couples.
Customized Engagements
We provide customized financial planning engagements for those with particularly unique or complex circumstances.
Advice may be provided on subjects such as cash flow management, risk management, education funding, investment planning, retirement strategies, estate planning, or other specific needs as indicated by the client.
$320/hour
Returning Clients
After an initial engagement, clients may wish to periodically consult with RWFP on specific questions, issues or decisions that may arise including periodic rebalancing. These services are charged on an hourly basis of $320/hour. The advisor and client will enter into an agreement that details the scope of the relationship and responsibilities of both parties.
Getting Started
Before any services are provided, you (the client) and I will mutually discuss the scope of the work needed. From there I will provide you with a firm quote of what it will cost and you can decide whether to proceed.
Whether you need a one-time check-in or an ongoing relationship, I am committed to working to meet your needs and providing actionable financial planning advice.
