DRS Financial Partners is a fee-only and fiduciary firm, and working alongside you to provide the knowledge and resources you need to be successful is what we do best. By taking commission incentives, kickbacks, and other conflicts of interests out of the picture, we’re able to remove any doubt that the recommendations we make for you serve your best interests.
When it comes to financial planning, you can only be so proactive. After all, we can't predict the future. However, by building a strategic foundation and implementing financial best practices throughout your life, you'll be able to overcome challenges and obstacles with confidence.
What You Get
Initial Comprehensive Financial Plan
A comprehensive analysis of your current financial situation and goals, several meetings covering various financial topics, personalized recommendations based on you and your values (not just the numbers you provide), and a detailed written action plan with guidance for implementation.
Designed for individuals and families who are looking to create a comprehensive financial plan and roadmap for their future.
What You Pay
Comprehensive financial plans start at a flat fee of $4,000.
Clients can generally expect to pay $4,000 for individuals and $4,800 for couples, but the fee may be higher for people with more complexity in their lives.
Half of the plan fee is due up-front and the remainder is due at completion.
Ongoing Financial Planning
After the delivery of an initial comprehensive financial plan, ongoing collaborative financial planning with coordination with your outside tax, legal, and insurance professionals, periodic portfolio recommendations, and continuous monitoring and adjustments to ensure nothing falls through the cracks.
Designed for individuals and families who want ongoing, hands-on guidance to implement their financial plan and to assist with future financial decision-making.
Ongoing financial planning starts at $300 per month.
Clients can generally expect to pay $300 - $350 monthly, but the fee may be higher for people with more complexity in their lives.
Investment Management
In conjunction with ongoing financial planning, investment management includes portfolio construction, implementation, monitoring, and updates based on your unique circumstances and goals.
Designed for individuals and families who don't have the time or desire to manage their investment portfolios, but want to ensure their investment strategies always stay in alignment with their constantly evolving financial lives.
An annual assets under management (AUM) fee of:
| Assets Under Management | Annual Fee |
|---|---|
| $0 - $1,000,000 | 1.00% |
| $1,000,001 - $5,000,000 | 0.75% |
| $5,000,001 - $10,000,000 | 0.50% |
| Greater than $10,000,000 | 0.30% |
* This fee may be partially or fully offset by ongoing financial planning fees paid, at our discretion.
Need an alternative to one of the comprehensive plans?
Project-Based Financial Planning
Project-based financial planning is a flexible engagement built around your specific needs.
Designed for individuals and families who want financial planning consulting on select financial topics or wish to review and update their comprehensive financial plan.
Project-based financial planning engagements start at $1,250 and are based on the complexity and scope of the engagement.
Half of the project fee is due up-front and the remainder is due at completion.
Hourly Financial Planning
An alternative to project-based financial planning for smaller engagements or if you prefer an hourly structure.
Hourly financial planning engagements are offered at $320 / hour.