"Navigating Toward Your Personal trueNorth"
We will only take you on as a new client when we feel confident that the value
of the services we provide will exceed the financial commitment you make to us.
Integrated Life Planning
Integrated Life Planning services are available for clients who have at least $500,000 of financial assets they wish
to have managed. The Integrated Life Planning fee is comprised of two components which are combined to calculate the total annual fee.
In the first year, there is an up-front fee of $3,000 to develop the initial financial plan plus an annual financial planning
retainer of $1,000 ($250/quarter) to provide ongoing financial planning support. In subsequent years, the annual
financial planning retainer covers ongoing financial planning.
The investment management component starts at 1% of Assets Under Management (AUM) with a minimum annual charge of $4,250
(calculated quarterly). The investment management component is on a declining scale per the following schedule and is
not negotiable:
Assets
Base + Percent Formula
$250,001 - $500,000 Annual Fee $2,500 + 0.70% of portfolio value over $250,000
$500,001 - $750,000 Annual Fee $4,250 + 0.55% of portfolio value over $500,000
$750,001 - $5,000,000 Annual Fee $5,625 + 0.40% of portfolio value over $750,000
Over $5,000,001
Annual Fee $22,625 + 0.25% of portfolio value over $5,000,000
Integrated Life Planning fees are billed quarterly in advance. The investment
management (AUM) component is based on the portfolio balance at the start of the quarter;
initial fees for partial quarters are prorated.
Retirement Scenario Planning
This service is ideal for people looking to retire within the next 1-10 years, or who are already in retirement.
It is geared toward individuals and couples who want to explore various retirement planning scenarios.
By the end of this engagement, you will have a clearer picture of your retirement readiness, or, if already retired,
your retirement security.
The Retirement Scenario Planning service costs $3,000, due upon signing the contract.
Hourly Financial Planning Project Fees
trueNorth offers restricted-scope hourly financial planning on a limited basis, and
only to clients who reasonably expect to engage the firm for Integrated Life Planning services within the next few years.
Our hourly rate is currently $150/hour. You are billed for any meeting time,
plan preparation/presentation time, and any hard costs.
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