An investment in you!
Life can be complicated enough, fees to manage your money and make a plan shouldn’t be. Our approach is straightforward. We assist clients with wealth management, retirement planning, estate planning needs, education planning, budgeting, debt management, tax considerations, student loan management, and goal setting.
You choose how you want to work with your advisor at Great Lakes Financial Strategies.
Your options include:
Project Based Fixed Fee:
Financial Planning will generally be offered on a fixed fee basis. The fixed fee will be agreed upon before the start of any work.
$500.00 - $4,500.00 per project
Hourly Fee:
Hourly Financial Planning engagements are offered at an hourly rate, depending on complexity. The fee may be negotiable in certain cases. Terms of payment will be mutually agreed upon prior to the start of any work.
$0 - $250.00 per hour
On-going Engagement Fee:
Ongoing Financial Planning fees depend on the complexity of the plan. The fee that is paid monthly, is paid in arrears.
$1,200.00 - $12,000 per year
Investment Management Services
Our standard advisory fee is based on the market value of the assets under management and is calculated as follows:
| Assets Under Management | Annual Fee |
|---|---|
| $0 - $1,000,000 | 0.70% |
| $1,000,001 - $2,000,000 | 0.60% |
| $2,000,001 - $3,000,000 | 0.50% |
| $3,000,001 and Above | 0.40% |