Beacon Financial Planners offers financial planning and portfolio management services. Financial planning is complimentary and helps evaluate your financial situation, goals, and risk tolerance. Portfolio management involves creating an individualized portfolio based on your objectives and risk parameters. Beacon Financial Planners also recommends third-party investment advisors and monitors client accounts with those advisors. For business clients, Beacon Financial Planners offers retirement plan consulting services.
Fee Structure
Beacon Financial Planners charges a percentage of the value of your portfolio for investment management. The fee ranges from 0.50% to 1.25% per year and is negotiable based on the size of the account. The fee is calculated and charged at the end of each quarter, based on the average daily balance. You can terminate the agreement with ten days' written notice.