Abacus Planning Group offers investment advice and financial planning services. They gather information about your financial situation, goals, and risk tolerance to create a personalized portfolio. They review and rebalance your portfolio regularly. Abacus also offers financial planning services covering goal setting, investment strategy, education funding, risk management, tax planning, and estate planning. They may recommend other professionals like attorneys or accountants, but you're not obligated to use them.
Fee Structure
Abacus Planning Group charges a percentage of your portfolio's value annually for investment management services. The specific rate depends on the size and complexity of your account.
For investment advisory and financial planning services, the fees are:
- First $2,000,000: 0.60% to 1.00% per year
- $2,000,000 to $10,000,000: 0.50% per year
- Over $10,000,000: 0.25% per year
For investment-only services, the fees are:
- First $2,000,000: 1.00% per year
- $2,000,000 to $10,000,000: 0.50% per year
- Over $10,000,000: 0.25% per year
For ERISA-qualified plan-only services, the fees are:
- First $2,000,000: 0.60% per year
- $2,000,000 to $10,000,000: 0.50% per year
- $10,000,000 to $20,000,000: 0.30% per year
- Over $20,000,000: 0.20% per year
If you choose to keep your investments at a custodian other than Schwab, you'll be charged an additional 0.10% per year. The minimum annual fee for investment advisory and financial planning is $18,000.
