We are fee only financial planners in Long Island. We do not sell annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products. We do not accept commissions or finder’s fees in any form. Beyond being fee-only, our fees are unique in the following ways:
Please refer to the three methods below to further familiarize yourself with how our fees might apply to your situation:
We describe 6 levels of financial complexity in our ADV2. Please check there for an idea as to how many hours it will take to complete your plan. Number of hours times our hourly rate determines the overall cost. For example, our most common level, Level 3, is 12-18 hours resulting in a range of $3,360-$5,040.
Your ongoing monthly fee is also complexity driven. It is closely correlated to the same 6 levels of complexity for deriving the fee for the comprehensive financial plan.
Fees typically range between $1200 and $3100 depending upon complexity. Our hourly rate applies. An estimate of necessary hours is finalized prior to the engagement.