Benjamin Smith is a CFP-designated registered investment advisor at Cove Financial Planning, LLC, based in Wayzata, MN, with 12 years of industry experience. Benjamin operates on a fee-only basis, meaning they do not earn commissions from product sales. Their practice areas include Business Owners, Estate Planning, Financial Planning & Coaching, High Net Worth, and 5 more. Their firm serves 60 clients with $99M in assets under management.
Compensation
Firm Size
Number of Clients
Average Client Portfolio
Assets Under Management
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.95% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $3.0M | 0.70% |
| $3.0M - $5.0M | 0.50% |
| $5M+ | 0.30% |
Fees are negotiable. Clients receive ongoing financial planning services included in their annual advisory fee. When an Outside Manager is used, the Outside Manager will debit the client’s account for both the Outside Manager’s fee, and Cove Financial Planning’s advisory fee, and will remit Cove Financial Planning’s fee to Cove Financial Planning. The above schedule includes the Betterment platform fee, as an example.
Fee Estimator
Contact
Benjamin Smith
Location
Wayzata, MN
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Regulatory History
No disclosures, customer disputes, or regulatory actions on file.
Disclosures include customer complaints, regulatory actions, and other events that advisors must report to the SEC. A clean record means none have been reported.
Learn about disclosures →Employment History
Current Registrations
Cove Financial Planning, LLC
Previous Registrations
Strategic Wealth Partners
Russell Investments
Russell Investments Financial Services, LLCBroker
Ameriprise Financial Services, INC.
Ameriprise Financial Services, INC.Broker
State Registrations4 states
You can work with an advisor not registered in your state. Most advisors can legally serve a small number of clients across state lines without registering.
Exams
Additional Information
Ben Smithis a fee-only financial advisor andCERTIFIED FINANCIAL PLANNER™(CFP®) Professional with offices in Milwaukee, WI, Evanston, IL and St Louis Park, MN, serving clients virtually across the country. Cove Financial Planning providescomprehensive financial planningandinvestment managementservices to individuals and families, regardless of location, with a focus onSocially Responsible Investing(SRI).