Unlike many firms, RB WEALTH offers both a managed asset fee and an advice-only fee model.
For the many highly successful individuals and families we work with who have much of their wealth in their business, real estate, current employer retirement plans, stock options, or simply prefer to manage things on their own, we’ve got you covered. See details for Advice-Only services below.
Advice-Only Fees
Unlike many frms, our process is built around giving advice on many topics unrelated to the stock market. Let us give you a few examples of real-life clients we work with who pay us a flat fee(s) for advice. We do not manage their assets. These are not their real names.
Our Advice-Only plans start at $9000 per year or $750 per month. Plan cost increases based on complexity and net worth.
Jeff the Surgeon: Jeff is a 49-year-old surgeon who makes over $800,000 per year. Jeff plans to retire at age 55. He has $2,500,000 in his current employer’s retirement plan and $2,000,000+ in real estate assets. Jeff has four children. Jeff has questions about.
- Roth Conversions
- Tax Planning
- Retirement income planning
- Estate planning for his kids and frst grandchild
- Real estate refnancing and lines of credit
- Old Life Insurance Policy Analysis
- Cash fow management
- Ongoing Market insights
Jeff pays us a monthly fee for ongoing advice and plans to continue up until retirement. At retirement, Jeff may choose to have us manage his accounts and end his advice-only fee or continue as is.
Michael and Nancy Established Business Owners:
Michael and Nancy are both 59yrs old. Michael owns a technology company. Nancy is an interior designer. Michael and Nancy’s net worth is $20,000,000. 90% of their wealth is in their business and real estate. Michael and Nancy need help with
- Developing a plan to sell and exit Michael’s business.
- Tax planning for today and during retirement
- Estate planning, income during retirement
- Analyzing old whole life insurance policies
- 529 plans for grandkids and more
Michael and Nancy paid us a single fee for a post-business sale strategy and then continued with a monthly fee for ongoing advice on all of these topics.
Tim and Sara 30s High Performers:
Tim and Sara are both 34yrs old with a combined household income over $400,000. Tim and Sara are ready to get serious about their investments and other fnancial goals for their future as they get ready to have their frst child. Tim and Sara have not accumulated signifcant wealth, but are high earners and know they require a guide to get rolling on the right path. They need advice on
- Different Types of Investments and Savings Accounts
- Business and Tax Planning for Tim’s Chiropractor business
- Savings accounts for their frst child
- Education about the markets and investing
- Estate Planning to protect themselves from unforeseen events
- Education about insurance -what they need and what they don’t
- Tim and Sara pay us a monthly fee for ongoing advice as they begin to accumulate assets
Sandy is 66 years old and retired:
Sandy is 66 years old and retired:
- Quarterly second opinions and ideas about her Merrill accounts.
- Social Security Income Planning
- Estate planning for her nieces and nephews
- Education about the current world of fnance
- Ongoing Tax Planning and Education
- Cyber Security education and guidance
- Retirement Income Planning – Which accounts to use and when
Managed Asset Fee: Simple and Transparent
There are no complex billing calculations. Here’s how it works:
STEP 1
We total the dollars from all accounts you would like us to manage for you.
STEP 2
The total dollar number tells us the fee you will be billed on all accounts.
STEP 3
Multiply the total dollars by the fee percentage = the approximate annual fee.
How will you know which fee model is best for you?
Some clients come to us with a specifc fee structure in mind: asset-based or Advice-Only. If you are unsure, no problem! Our team will let you know which will be the best ft. When appropriate, we will always provide both options for you to choose from.
Got questions about fees?
Ready to book an initial phone call?
These are hypothetical situations based on real life examples. Names and circumstances have been changed. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investments or strategies may be appropriate for you, consult your advisor prior to investing.