Most financial advisors receive the bulk of their compensation indirectly from third parties. This can lead to questionable recommendations that pay higher commissions. Good luck figuring out what you actually pay.
Our firm was created so that we could begin working on our client’s side of the table! As a fee-only financial planner, we do not sell products for commissions or accept kickbacks. All of our firm’s revenue comes directly from our clients in an effort to cut out major conflicts of interest.
Our pricing is designed to be ultra transparent. As a result, our incentive is to deliver maximum value to clients. It’s much easier for our clients to measure cost-benefit because they know what they’re actually paying.
Initial Fee: $1,500
Ongoing Fee: $300-1400/mo
How do we calculate pricing?
Base Fee: $300/month
Business Owner: +$100/mo
Federal Student Loans: +$100/mo
Household Net Worth:
– $1-3mil = +$100/mo
– $3-10mil = +$300/mo
– $10mil+ = +$600/mo
– $500k to $1mil = +$100/mo
– $1mil+ = +$200/mo
The following discount applies for residents and fellows with current household income below $100k/yr:
– $200/mo discount to ongoing pricing
– 50% discount to initial fee
Example Pricing Scenarios:
Married Resident, $0 Net Worth, $75k Income
– $750 Initial Fee
– $200/mo Ongoing Fee
Married, Going for PSLF, $500k Net Worth, $350k Income
– $1500 Initial Fee
– $500/mo Ongoing Fee
Married, $12mil Net Worth, $1.5mil Income
– $1500 Initial Fee
– $1,200/mo Ongoing Fee
Are you interested in having a conversation? We’d love to connect! Click here to request a free consultation. We look forward to hearing from you.
Looking to create your own financial plan? Click here to download our free guide to getting started.
Wrenne Financial Planning LLC (“WFP”) is a registered investment adviser offering advisory services in the States of CO, FL, IN, KY, LA, NC, TN and TX, and in other jurisdictions where exempted. Registration does not imply a certain level of skill or training. The presence of this website on the Internet shall not be directly or indirectly interpreted as a solicitation of investment advisory services to persons of another jurisdiction unless otherwise permitted by statute. Follow-up or individualized responses to consumers in a particular state by WFP in the rendering of personalized investment advice for compensation shall not be made without our first complying with jurisdiction requirements or pursuant an applicable state exemption. All written content on this site is for information purposes only. Opinions expressed herein are solely those of WFP, unless otherwise specifically cited. Material presented is believed to be from reliable sources and no representations are made by our firm as to another parties’ informational accuracy or completeness. All information or ideas provided should be discussed in detail with an advisor, accountant or legal counsel prior to implementation.