myFinancialPro provides investment advice to individuals and high net worth individuals, offering both wealth management and standalone financial planning services. Wealth management includes managing investment portfolios and financial planning. Financial planning covers investment, retirement, personal savings, and education savings. Clients are not obligated to implement any recommendations.
Fee Structure
myFinancialPro charges an hourly fee of $343 per hour for time spent managing wealth, billed quarterly. There is also an asset management fee of 0.33% per year, or 0.0825% per quarter, based on the average daily balance of assets under management, paid quarterly in advance. If the combined fee is less than $297 per quarter, a minimum quarterly fee of $297 will apply.