Whalen Financial Planning (WFP) provides financial planning and investment management services. Financial planning can be broad or focused, covering areas like cash flow, college savings, estate planning, insurance, investments, retirement, and taxes. WFP also offers financial planning consultations for targeted advice. Investment management services include creating an investment policy statement, portfolio reviews, and trade recommendations. WFP acts as a fiduciary, meaning it's legally required to act in your best interest.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $500K | 1.00% |
| $500K - $1.0M | 0.90% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $3.0M | 0.70% |
| $3.0M - $4.0M | 0.60% |
| $4.0M - $5.0M | 0.50% |
| $5M+ | 0.40% |
At the discretion of the principal, WFP may negotiate an alternative investment management fee. Following completion and payment for an initial financial plan, investment management clients will generally receive updates to existing financial plans at no additional charge. WFP reserves the right to charge a project fee for financial planning work that is performed at the request of an investment management client.
