Fees

Investment Management

Investment Management fees are based upon the value of the account(s) under management (AUM) at a rate of 0.50% annually and are deducted directly from the managed account(s) on either a monthly or quarterly basis depending upon the custodian policies. Other account fees which includes custodial and underlying fund fees will vary based upon account size and manager selection. Passive strategies tend to have a lower overall cost; active and hedged strategies tend to have higher costs.

All client accounts are deposited with third party custodians (Bank, Brokerage, and/or Trust Company); Portnoff Financial LLC does not take custody of client funds at any time. This separation between the advisor managing the account and where the account is deposited creates the proper checks and balances to ensure safety of client assets.

Portnoff Financial LLC does not require a minimum account size for Investment Management services.

Comprehensive Financial Planning

Comprehensive Financial Planning fees generally range from $50- $250 per month at the start of relationship depending upon complexity of clients circumstances and work involved to complete initial financial plan. The monthly fee may be reduced after approximately 12-18 months to reflect frequency and complexity of periodic updates to relevant areas of clients financial plan and future consultations. An initial fee upon execution of a financial planning agreement will generally be approximately two or three times the monthly fee quoted and the monthly fee will begin 4-6 weeks after execution of the agreement. Actual fee will be determined during the complimentary Discovery Consultation.

Hourly Consultations

Hourly consultations will be billed at a rate of $150 per hour with a one hour minimum and billed in 15 minute increments thereafter.

Hourly consultations are only intended for limited engagements and/or questions on specific topics and generally do not include any complex calculations and/or analysis.

Schedule a complimentary Discovery Consultation to find out more about Portnoff Financial LLC fees.

"You can't afford free; it's too expensive!" -Ed Slott