Our Fees

We never charge commissions. Learn how fee-only financial planning puts your interests first.

Covenant Wealth Advisors is a fee-only financial planning firm and registered investment advisor. 

Fee-only means  that we don't receive commissions. Instead, clients pay us a fee for our advice and services. This is different from most financial advisors who may sell products in an effort to earn a commission. As a result, you may pay much higher costs and/or receive inferior products or services. 

As a fee-only financial planner, we are paid the same regardless of the products we recommend. We believe this reduces conflicts of interest and better aligns our interests with yours. Moreover, as a fee-only financial advisor our goal is to provide you with the best advice, not to win sales contests.

Do you guarantee your services?

 

If you aren't satisfied with the advice you receive, we'll refund 100% of your financial planning or wealth management fees within the first six months of becoming a client.

How much does it cost to talk to a financial advisor?

 

The first two meetings always free with no obligation or cost. We view this time as an opportunity to learn more about each other, to find out if we can help you, and to discover if there is a mutually beneficial reason to work together. 

Click here to schedule your free consultation.

How much does it cost to work with Covenant Wealth Advisors?

 

Before we engage in a relationship, we'll identify the appropriate fee structure based upon your needs and the type of financial advice that you seek. Our goal is to deliver meaningful and valuable advice that far exceeds the fees we charge.

 

We typically charge one of two ways:

 

  • Fixed Fee or Hourly Financial Planning: For comprehensive financial planning services and advice, we typically charge a flat fee of $2,500 to $5,500 for a one-time comprehensive financial plan. We can also charge $250/hour for follow up work after an initial financial plan is created. 

  • Percentage of Assets Under Management. Wealth management is an all all-inclusive experience that includes financial planning + investment management + tax reduction strategies, we typically charge between 0.40% to 1.00% of your managed portfolio value per year if we manage $1 million or more of your combined investments. Fees will not exceed 1.25% for accounts less than $1 million.

 

You'll never pay us commissions or be sold products.

 

What services do you provide?

We provide two primary services which include:

 

Financial Planning is the process of developing a road map (financial plan) to help you retire without the stress of money. You'll partner with a Certified Financial Planner® practitioner who will help you clarify and prioritize your goals. Then, we collect your financial facts and develop a plan specifically for your situation. Finally, you'll receive clear and concise recommendations addressing all of your financial questions. The experience will give you the clarity and insight you need to live a more financially confident life.

 

Your plan may cover any or all of the following depending upon your needs:

  • Retirement income planning

  • Investment analysis and recommendations

  • Social Security timing

  • Cash flow projections in retirement

  • Tax planning and tax reduction strategies

  • Pension analysis

  • Review your employer benefits

  • Roth conversion strategies

  • Insurance needs analysis

  • Estate planning

  • Legacy planning

  • Net worth analysis

 

Wealth Management is a comprehensive service that includes the development and maintenance of a personal financial plan (see above), investment management, and continuous advice as your life and needs change.

Download a summary of our financial planning and investment advisory services here.

Who is your ideal client? 

 

We do our best work with someone age 50 plus who has over $1 million in investment assets and you value hiring an expert because you know your retirement is too important to manage it alone. 

What don't you do?

 

  • We DON'T represent any product companies

  • We DON'T receive commissions from product companies

  • We DON'T try to hard sell you a bunch of insurance policies

  • We DON'T ever compromise our fiduciary standards

  • We DON'T file your tax return. 

  • We DON'T work on the weekends (that's reserved for our family:) 

     

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A Better Retirement Is Ready For You - Are You?