We recognize that there is an under-served population who simply cannot afford to pay $10,000+ for a financial plan, yet still needs advice and guidance in their efforts to build wealth and achieve financial freedom. That’s why Olympic Financial Advisors, LLC utilizes a flexible fee-only structure to meet almost any client’s situation and budget. Our fee options are designed to accommodate a variety of needs for financial advice and investment management.
Financial Plan
Our flat fee range for a standalone Financial Plan generally ranges between $600 and $3,000. This wide range reflects differing levels of complexity in plan design and each client’s situation. This allows you to leverage our expertise to develop a plan, then you execute it.
Ongoing Financial Planning
Looking for a partner for ongoing financial needs and consultation? Ongoing financial planning is available for those clients who are not investment management clients and for those investment management clients who require more time than one hour per calendar quarter. Fees for this ongoing service are paid quarterly, in arrears, at a rate based on the number of hours of consultation provided for the quarter, multiplied by a rate of $110/hour.
Investment Management
Investment management fees are based on a percentage of Assets Under Management (AUM) and are applied quarterly, in arrears.
For those investment management clients with at least $200,000 in AUM, we provide an initial customized financial plan and one hour of consulting per quarter for no additional charge beyond the advisory fee outlined below.
Financial Plan
Our flat fee range for a standalone Financial Plan generally ranges between $600 and $3,000. This wide range reflects differing levels of complexity in plan design and each client’s situation. This allows you to leverage our expertise to develop a plan, then you execute it.
Ongoing Financial Planning
Looking for a partner for ongoing financial needs and consultation? Ongoing financial planning is available for those clients who are not investment management clients and for those investment management clients who require more time than one hour per calendar quarter. Fees for this ongoing service are paid quarterly, in arrears, at a rate based on the number of hours of consultation provided for the quarter, multiplied by a rate of $110/hour.
Investment Management
Investment management fees are based on a percentage of Assets Under Management (AUM) and are applied quarterly, in arrears.
For those investment management clients with at least $200,000 in AUM, we provide an initial customized financial plan and one hour of consulting per quarter for no additional charge beyond the advisory fee outlined below.
Assets Under Management |
Fee |
$0 - $100,000 |
0.80% |
$100,001 - $500,000 |
0.70% |
$500,001 - $1,000,000 |
0.60% |
$1,000,001+ |
0.50% |
The advisory fee is a blended fee and is calculated by assessing the percentage rates using the predefined levels of assets as shown above, resulting in a combined weighted fee. For example, an account valued at $2,000,000 would pay an effective fee of 0.58% with an annual fee of $11,600.00. The quarterly fee is determined by the following calculation: (($100,000 x 0.80%) + ($400,000 x 0.70%) + ($500,000 x 0.60%) + ($1,000,000 x 0.50%) ÷ 4 = $2,900.00.
On occasion, we may negotiate a different wealth management fee with a client based on the nature and complexity of the client’s account. Ongoing financial planning and investment management fees are prorated and paid in arrears on a quarterly basis.
Contact us today to discuss your situation and how we may be able to assist you.
On occasion, we may negotiate a different wealth management fee with a client based on the nature and complexity of the client’s account. Ongoing financial planning and investment management fees are prorated and paid in arrears on a quarterly basis.
Contact us today to discuss your situation and how we may be able to assist you.
Please see Olympic Financial Advisors' Form ADV Part 2 for more details on fees and expenses.