We Believe That Transparent Fees are Important: Here's Why
You’ve worked hard for your money. It’s important that you know how you’re spending it.
At Financial Cornerstones, we believe that offering great solutions, providing superior service, and communicating our fees is an important foundation of our relationship.
We offer you a transparent, simple, and easy-to-understand pricing structure. As a firm, it is our responsibility to be cost-efficient and to implement a fee structure that avoids the inherent conflicts of interest found in other payment methods. We believe that this is in the best interest of you, our client.
Financial Cornerstones sponsors a wrap program with an all-encompassing advisory fee for the assets we manage for you. This includes our investment management, financial planning, retirement planning, tax planning, and anything else that can help you be a good steward of your resources. You will never be billed on the clock with our team.
Our goal is to allow you to save your God-given nonrenewable resource: time!
Comprehensive Portfolio Management Fee Schedule
Annualized fees are billed on a pro-rata basis monthly in arrears based on the value of the accounts on the time-weighted daily average of the month. These fees are tiered so additional invested assets are subject to lower fees.
| Assets Under Management | Annual Percentage of Assets Charge |
|---|---|
|
$0 to $999,999.99*
|
1.25% |
|
$1,000,000.00 to $2,499,999.99
|
1.05% |
|
$2,500,000.00 to $5,499,999.99
|
0.85% |
|
$5,500,000.00 to $7,499,999.99
|
0.70% |
| $7,500,000.00 to $9,999,999.99 | 0.55% |
| $10,000,000.00 & Above | 0.45% |
*Our firm recommends household account balances (aggregate accounts) of greater than $500,000 for our Comprehensive Portfolio Management service. For household portfolio values that fall below $500,000, our firm generally charges an annual flat fee of $6,250 per year. Household portfolio values that fall below $500,000 can cause your fee to exceed our highest annual tiered fee rate of 1.25%.