Coordinated Financial Planning charges a quarterly advisory fee based on an annual fee of 1% of assets under management between $200,000 and $1,000,000.
 

Coordinated Financial Planning's base fee of 1% of assets under management up to $1 Million is already below the 1.31% average fee charged by financial advisers.

Coordinated Financial provides fee breaks in the following manner:
Assets under management over $1 Million but less than $2 Million = .75% annual fee;
Assets under management over $2 Million but less than $3 Million = .50%;
Assets under management over $3 Million = negotiable (please call)

The fee charged is for both creating and maintaining the original financial plan. It also covers active risk based asset management as well as a minimum of two meetings a year.

No, Coordinated Financial Planning does not receive commission for any trade made on your behalf. Our only source of income is our asset management fee.

 

Coordinated Financial Planning maximizes the protection of client assets by:

1. Third party custodian: Client assets are held at the largest RIA (Registered Investment Adviser) custodian, Charles Schwab.

2. Limited Power of Attorney: Coordinated Financial only has a limited power of attorney on client accounts, authorizing Coordinated Financial to issue trading instructions on the client's behalf, draft the quarterly advisory fee, and request disbursements to the client's address of record.

3. Client assets held in their own name: All client assets held at Charles Schwab are segregated from broker-deal securities in compliance with the SEC's Customer Protection Rule. This ensures all client assets are not available to creditor's claims in the event of the broker-dealer's insolvency.

4. SIPC Isnurance: Client brokerage accounts are protected by SIPC insurance. This insurance covers up to $500,000 in securities for each type of account managed by Coordinated Financial Planning and being held at Charles Schwab. SIPC insurance also covers up to $250,000 in cash.

5. Additional Insurance Coverage: Charles Schwab has purchased excess insurance coverage through Lloyd's of London protecting client assets up to an aggregate of $600 million for a combined client return and $150 million per client account. This coverage also covers up to $1,150,000 in cash. This is all in addition to SIPC insurance.

Yes, Coordinated Financial Planning currently imposes a $2,000 minimum annual fee, based on a minimum account value of $200,000.

Coordinated Financial Planning does have an asset aggregation plan for family members in determining the fee amount. The total amount of family assets will determine the fee for each individual of the family.