We believe in mutual trust and understanding, so here at Centric Capital Advisors, we have a transparent fee-only compensation structure. It is based on percentages of your net worth and/or the assets under advisement. This fee-based form of compensation removes potential conflicts of interest and gives us yet another incentive to grow your assets.
Comprehensive financial plans begin at $7,500 which covers services for 12 months. Included is use of WealthCenter, as well as access to our on-staff Certified Financial Planner™. Also included are spend tracking and budgeting tools, an online vault for safe storage of key documents, and a library of educational resources for your perusal.
Investment Management clients receive ongoing investment management and continued financial planning services through WealthCenter. Fees are based on the balance of the investment account(s) within the household under management at the end of each quarter. The payment brackets for this service are as follows:
1.50% on the first $1,000,000
1.00% on the next $5,000,000
0.75% on the next $10,000,000
.60% on the remaining balance
Some clients choose to receive ongoing financial planning services for a fee derived from a percentage of their net worth. This too includes full access to WealthCenter. Fees are based on the net worth calculated at the end of each quarter and are billed directly to the client at that time. The payment brackets for this service are as follows:
0.75% on the first $3,000,000
0.45% on the next $10,000,000
0.35% on the next $15,000,000
0.25% on the remaining balance
You may be wondering about the process of working together, and what an average timeline looks like. We have developed a strategy that outlines exactly what you can expect from us throughout this process. Once we decide to work together, three meetings will be scheduled within the first 45 days that will allow us to begin building a foundation for a successful working relationship.
Here is a deeper look into what our Financial Planning Process looks like.
Typically held in mid-December, our annual year-end seminar recaps our work over the past year and looks forward regarding market changes to come in the future year. These are offered at a few times, dates and locations in order to meet with our clients’ demanding schedules. Due to some clients who are unable to travel, live out of state, or have scheduling conflicts, we always offer to mail seminar materials directly to you.
Usually we choose to hold a semiannual or quarterly seminar in one of the Centric Capital Advisors offices. These are intended to generate timely insight on important wealth management issues. The objective of these seminars is to help keep our clients informed.
Due to some clients who are unable to travel, live out of state, or have scheduling conflicts, we always offer to mail seminar materials directly to you.
For an invite to our next seminar in your area, please click here.