Cove Financial Planning manages investment portfolios and provides financial planning services. Cove Financial Planning offers investment advisory services, including the use of third-party managers. They also offer comprehensive financial planning, covering areas like business planning, cash flow and debt management, college savings, employee benefits, estate planning, financial goals, insurance, investment analysis, retirement planning, risk management, and tax planning strategies.
Fee Structure
Portfolio-Based Fees (Tiered)
| Portfolio Value | Annual Fee |
|---|---|
| Up to $1.0M | 0.95% |
| $1.0M - $2.0M | 0.80% |
| $2.0M - $3.0M | 0.70% |
| $3.0M - $5.0M | 0.50% |
| $5M+ | 0.30% |
Fees are negotiable. Clients receive ongoing financial planning services included in their annual advisory fee. When an Outside Manager is used, the Outside Manager will debit the client’s account for both the Outside Manager’s fee, and Cove Financial Planning’s advisory fee, and will remit Cove Financial Planning’s fee to Cove Financial Planning. The above schedule includes the Betterment platform fee, as an example.
