As a fee-only financial planner, our wealth management fees are fully transparent and are inclusive of all wealth management services. We don't charge commissions or nickel and dime you.
We are a fee-only financial planning and wealth management firm. This means we never receive commissions and we are only compensated by our clients for the advice we give.
To give you an idea of what you might pay for our wealth management services, here are our services and fees.
Wealth management is a comprehensive turn-key service for individuals who want to delegate and simplify. Wealth management includes investment management, comprehensive financial planning, and collaboration with a team of experts including tax, estate planning, insurance experts, and more. We also provide regular reviews and advice throughout the year.
In short, we act as your Personal CFO by providing advice on your total situation.
Investment minimum: $500,000
Pricing: We charge 1% per year on the first $1 million, and the fee declines from there.
Continuous Financial Planning
Financial planning is great for investors who may not meet our investment minimum or who want a financial plan without investment management. We will identify and prioritize your goals and create a road map to guide you. We provide you the advice and action steps and you implement the strategies on your own.
Pricing: $400 per month with a 12-month minimum.
* The wealth management fee schedule above is for new individual clients of Covenant Wealth Advisors who meet the minimum asset management requirement of $1 million and who are assigned a Covenant Wealth Manager to assist them with financial planning and investment management objectives.