To start the financial planning, monitoring and reporting process we'll get you set up on eMoney. EMoney securely links digitally to your bank account, credit cards and investment accounts to create a real-time personal finance dashboard. All transaction data is completely secure and private to you except for overall balances and investment transactions which we can view. Other assets and liabilities are set up manually in order to evaluate your overall net worth. This allows us as your advisor to see a complete real-time picture of your assets, liabilities and current investment allocations.
We'll meet in person or on Zoom to discuss your financial needs, concerns, expectations, etc. Most commonly this concerns the timing of retirement. Financial scenarios are set up in eMoney using your real-time data to evaluate and compare results based on different estimates and assumptions, including tax considerations. This process may go through multiple meetings and drafts.
After long-term financial goals are evaluated and decided on, a final financial report is issued including a custom investment proposal. Included in financial planning services is a 1 year review to compare planned vs. actual results and discuss any changes. You have personal access to eMoney to continue using it for financial budgeting and monitoring. Further work is available on a fixed fee or hourly basis depending on need.
PRICING
All services and reports listed above - including ongoing eMoney access - is a flat fee paid at the start of service; typically $2,500 for an individual or $3,500 for a household (spouses and children).
Verticus Advisors offers investment management services using SEI Investments as custodian.
You will have a custom investment proposal at the conclusion of your financial planning process as outlined above, which will guide the start of your investment management services and creation of a custom investment model. However if no financial planning is needed or desired we can set up accounts for you with a meeting and questionnaire to evaluate risk tolerance and long-term financial needs. THERE IS NO ASSET MINIMUM TO BECOME A CLIENT.
Asset management fees are calculated as a percentage of assets under management (AUM), paid quarterly (please contact for more details). Fees are structured as follows:
AUM Annual management fee rate
$0 to $500,000 1.35%
$500,000 to $5,000,000 .95%
$5,000,000 and Above .65%
Platform Fee .10%
[Fees for assets over $5,000,000 are negotiable.]
Investment policy is based on the principles of modern portfolio theory but with some modifications for today's market environment. By this we mean consideration of asset classes other than simply stocks and bonds is necessary in a well diversified portfolio, this can include modest allocations to commodities, private debt/ equity, and other alternative investments. In general, both actively managed and targeted index ETFs and mutual funds are selected, with a focus on low-fee funds demonstrating long-term performance. Individual stocks and other assets may be used where appropriate in the context of a diversified overall portfolio. Additional information on the firm's overall investment policy can be provided upon request.
Income tax preparation services are available to individuals and businesses. Pricing is determined at $300/ hr. based on estimated tax return complexity and other considerations, please call or email to discuss.
Investment management clients can have 10% of their previous 12 month management fees credited towards tax preparation, up to a max credit of $500.