Balanced Rock Investment Advisors is an entirely Fee-Only financial planner and wealth manager, which means we are only paid by you, our client, for our services. Our only interest is providing you with honest, unbiased, and expert advice. Here is a description of our fees.
Wealth Management Fees
We charge 0.75% annually of Assets Under Management, and typically reduce that rate to 0.3% for managing 401k, 403b, 457 and similar employer retirement plans. There is a minimum annual fee for wealth management of $2,250.
We are proud to say that we charge nothing on 529 plans for education savings for clients who use our wealth management services. This is part of Balanced Rock’s commitment to the long term well-being and education of our clients and their families for generations.
Financial Planning & Consulting Fees
We charge $200 per hour or a fixed-fee per engagement which is determined up front and based on the expected time needed to complete the engagement.
Wealth Management fees are billed quarterly in arrears, and can be deducted directly from your managed account or billed directly to you. In either case, you will always receive a statement of fees paid.
Financial Planning and Consulting fees are due 50% at the start of the engagement and 50% upon completion of the engagement (or actual remaining amount due in the case of an hourly engagement). For ongoing and long-term engagements, we typically bill quarterly. These terms are described in your investment advisory agreement.
We accept payments by check and credit card.
Learn more about all of the Services we offer.