Pricing

Wealthcare's fees are a fraction of the industry average. Investment management and financial planning fees are monthly, paid in arrears, and are based upon asset size and income. Specifically, investment management fees are 0.03% of assets discounted by liabilities and financial planning fees are 0.05% of income. Combined, there is a minimum fee of $200, there is no long-term commitment, and all fees are negotiable.

For example, the investment management fee for a client with $900,000 in retirement accounts and personal savings and with a $400,000 home mortgage is $150. The financial planning fee for a client earning $100,000 per year is $50.

Why separate fees for investment management and financial planning? If we were to charge a single fee that covers all services, we may put you at risk of engaging in prohibited transactions when the fee is withdrawn directly from a tax-deferred account. Rather than engage in shades of gray with the IRS, we separate the fees.

Of note, Wealthcare does not sell products and is fee-only rather than fee-based. We believe there are inherent conflicts of interest when a fee-based advisor is paid to sell a particular product to a client. The client must always consider whether a fee-based advisor is recommending a product that is best for the fee-based advisor or best for the client.

Existing clients may use Wealthcare's payments webpage, which allows clients to manage their payments via credit card.