Services and Fees
I am a fee-only advisor — meaning the only compensation I receive is what you pay me. I don’t receive any commissions based on what you invest in.
You choose how we work together:
Advice Only
You pay a flat annual fee for advice. We create a full financial plan together covering all aspects of your financial life, then we work together to implement, monitor, and update it as life happens. On this path, I don’t manage any money for you. You can keep your accounts wherever you prefer.
Pricing: $3,000 to $6,000 annual fee, depending on complexity
Advice + Asset Management
You get comprehensive financial advice, plus asset management. Your money is held at a third party custodian, and managed by me according to the goals we’ve set together. You can move as much or as little money as you like.
Pricing: $3,000 to $6,000 annual fee for advice, depending on complexity; plus 0.5% annually on Assets Under Management above $500,000. (There is no asset minimum to get started, and your first $500,000 is included at no charge.)
No pressure. You are always free to switch between options, and there is no pressure to open accounts or move money.
Not sure? Start with Advice Only, and once we have a financial plan you can decide if you want to manage your accounts yourself (Advice Only) or have me do it (Advice + Asset Management).
Why is Slipstream set up this way? Some financial advisors charge solely based on AUM (often higher than 0.5%). Unless you have your money with them, they will not get paid, so they have an incentive to ask you to move your money over. Others provide advice only, but won’t manage any money, so you don’t have that option if and when you need it. With Slipstream’s model, you’re in control, and our incentives are aligned.