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In between goals is a thing called life that has to be lived and enjoyed.
-Sid Caesar

Fees

There are many ways financial planners are paid, but many don’t provide a full range of financial planning services to earn their fee.

Everything is integrated at Lazarus Financial Planning -- initial financial planning, implementation assistance, ongoing investment management, and ongoing financial planning -- and included in the flat, predictable, monthly, full service retainer fee.  

Are you currently getting the same value?

Comparison of Services and FeesLazarus Financial PlanningAsset-based AdvisorCommissioned Advisor

Form of compensation

Flat retainer    
(based on net worth)

Percentage of portfolio
(typically 1%)

Commission
(varies by product)

Minimum investable assets

None

?

?

Puts your interests  
ahead of our own

Always

It depends

No

Cohesive overall strategy

 ??

Goals setting and monitoring

 ??

Net worth review

 ??

Cash flow management

 ??

Assistance choosing or refinancing a mortgage

 ??

Assistance making decisions about financing  
a major purchase or starting a business

 ??

Proactive tax planning and minimization

 ??

Review and selection of employee benefits

 ??

Review and selection of insurance policies

 ??

Education planning

 ??

Retirement planning

 ??

Philanthropic planning

 ??

Estate planning

 ??

Portfolio design, implementation and monitoring

 ??

Selection of specific investments for every account

 ??

Socially responsible mutual funds  
and community investments

 ??

Planning topics specific to unmarried couples

 ??

Planning topics specific to women

 ??

Harmony between couples around money

 ??

Implementation assistance

 ??

Collaboration with attorneys, CPAs, insurance agents, etc

 ??

Proactive review & adjustment to evolving circumstances

 ??


What are the fees for Financial Planning and Investment Advisory Services?

Lazarus Financial Planning is a fee-only financial planning firm, which means I am paid only by you.

  • I do not sell products -- such as: investments, annuities, or mutual funds -- to subsidize the cost of planning.
  • I do not accept commissions or referral fees based on the advice I provide you.

At Lazarus Financial Planning:

  • New clients, upon signing the Letter of Agreement, pay a one-time "getting started" fee equal to three months of the monthly retainer fee.
  • The ongoing, fully transparent, flat, predictable, monthly fee is your full service retainer fee. The following fee table outlines how I calculate your fee. 

How do I pay you?

  • You pay me directly by check, each month. I will help you set this up so it happens automatically.
  • I do not deduct any fees from your investment accounts.

Please note: the first six tier levels are currently full. If your net worth points to one of these, your retainer fee will be $1,030/month and your one-time "getting started" fee will be $3,090. I will consider an expection to this minimum for high income households who are committed to a high level of savings. 

Net Worth
Net Worth [total assets - total liability]
Ongoing
Monthly Fee
-and-One-Time
Getting Started Fee
$0 - $500,000$350-and- 
$500,000 - $750,000$490-and- 
$750,000 - $1 million$630-and- 
$1 million - $1.25 million$735-and- 
$1.25 million - $1.5 million$840-and- 
$1.5 million - $1.75 million$935-and- 
$1.75 million - $2 million$1,030-and-$3,090 
$2 million - $3 million$1,455-and-$4,365
$3 million - $4 million$1,880-and-$5,640
$4 million - $5 million$2,305-and-$6,915
$5 million - $6 million$2,730-and-$8,190
$6 million - $7 million$3,155-and-$9,465