Fees and Expenses
At Legacy Financial Advisors Inc., we understand every client is different and that clients have distinctly unique needs. Therefore, we have built a flexible fee schedule for clients ranging in needs, from the most basic financial planning to sophisticated wealth management.
For New Client Engagements not existing clientele
As of 2015, we have a new minimum hourly rate of $250.00 per hour for cases where Paul Mauro is involved. Many of our associates have lower hourly rates.
As of 2015, we have a minimum asset management amount of $1,000,000 in investable assets. Many of our associates have a lower minimum amount of investment assets.
We provide complimentary initial consultation to all prospective clientele.
We complete a financial overview and analysis for all prospective clients at no cost.
We charge engagement fees based on the amount of work in a personal financial planning project.
We charge investment advisory fees based on the amount of personal involvement needed and total investable assets.
If clients require insurance products that have built in compensation, it is out of our firm’s control.
As of 2015, we can now provide a very low cost allocation-only service through a number of providers, to private client assets, as well as assets in the work environment. These services start as low as .10 BPS per annum of assets. If personal consultation and individual financial planning attention is required the amount of fee per annum rises from a minimum of .25 BPS to as much as the client and the advisor agree on for the requested work.