NorthAvenue provides financial planning and investment management services to individuals and trusts. Clients can engage NorthAvenue for both services as part of an ongoing, fixed-fee arrangement. Financial planning includes cash flow forecasting, estate planning, education planning, and more. Investment management involves recommendations for allocating assets among mutual funds, ETFs, and bonds. NorthAvenue may use an independent investment manager, Asset Dedication, for investment management services.
Fee Structure
NorthAvenue offers investment management as part of its "Inclusive Engagements," which charge a fixed annual fee for both financial planning and investment management. The fee ranges from $3,600 to $70,000 per year, depending on the scope and complexity of the services. This fee is charged quarterly in advance. Clients do not pay separate fees to Asset Dedication, the independent manager NorthAvenue may use.
