Schedule of Fees

As of October 2011

The specific services to be provided to a client depend on the client circumstances, needs and desires. Based on our discussions, WJ Interests may provide the following services:

Initial Financial Planning Services

  • Current net worth statement development.
  • Comprehensive cash flow development incorporating all expected cash inflows, cash outflows and estimated market returns. The cash flow will include scenario analysis as well as Monte Carlo analysis.
  • Estate plan review, including review of wills, living trusts, living wills and powers of attorney.
  • Review of additional estate planning trusts and strategies (ILIT, CRUT, GRAT, gifting programs).
  • College planning for children or grandchildren, or other future major expenditures.
  • Life insurance review.
  • Disability insurance review.
  • Long-term care insurance review.
  • Personal insurance policies (home, auto, umbrella) review.
  • Portfolio analysis of current asset allocation and review of available investment choices.

 

Ongoing Financial Planning and Investment Management Services

  • Portfolio Management Services including the development of an Investment Policy Statement, monitoring and supervision of the investment portfolio on an ongoing basis, meetings as necessary to review the portfolio, and production of a quarterly report summarizing investment performance.
  • Regular updates of financial planning items identified above as requested by the client. This may include a review of goals and objectives, an update of the financial planning checklist and an update of the cash flow.
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The fees for the above services are as follows:

Fee for initial financial planning services

  • Typical fee is $1,000 to $5,000. This is a one-time fee. We will provide an estimate prior to beginning work.

Fee for ongoing services

The fee schedule for ongoing services is based on the assets to be managed by WJ Interests:

  • 1.00% per annum for the first $1,000,000, plus
  • 0.50% per annum for amounts greater than $1,000,000 up to $5,000,000, plus
  • 0.25% per annum for amounts greater than $5,000,000

The minimum fee is $1,250/quarter. The minimum may be waived at the discretion of WJ Interests. Ongoing fees are payable on a quarterly basis.