Fees

Financial Planning

• Ongoing comprehensive financial planning is offered at a rate of $1,250/quarter payable at the end of each quarter.
• Clients who have at least $500,000 under management with TAFP will receive complimentary ongoing financial planning.
• Tax return preparation is available for ongoing planning clients (extra fee required). Please contact us to discuss further.
• Project-based financial planning (e.g. one-time retirement projection or one-time comprehensive plan) is also offered. Cost will depend on the complexity of the project. Please contact us to discuss further.
• Planning on an hourly basis is also available. Cost is $250/hr. Number of hours required will depend on the complexity of the case. Please contact us to discuss further.
  

Investment Management

Investment management is offered as a stand-alone service or in conjunction with ongoing planning. Investment management clients who also want ongoing planning will have their investment management fees credited against their ongoing planning charges.

Investment management charges are based on the amount of assets under management with TAFP and are based on a blended fee structure:

• The first $500,000 of assets are charged at a rate of 1%/yr.
• Assets from $500,001-$1,000,000 are charged at a rate of 0.75%/yr.
• Assets >$1,000,000 are charged at a rate of 0.5%/yr.
• Fees are calculated based on the account value at the end of the month and are paid in arrears.
• Maximum fee is $1,000/month.
• Minimum account size is $100,000.
  
  

As an example, the fee for a $1.4M account would be calculated as follows:

Fee= $500,000x 0.01+$500,000x 0.0075 +$400,000x 0.005=

$10,750/yr=$895.83/month 

As another example, the fee for a $2M account would be calculated as follows:

Fee= $500,000x 0.01+$500,000x 0.0075 +

$1,000,000x 0.005=$13,750/yr=$1,145.83/month 

However, since this exceeds the maximum fee of

$1,000/ month, the actual fee would be $1,000/month.