Fee Structure

Fee-Based Planning

At Collaborative Financial Solutions, LLC, we strongly believe that fee-based investment management offers the best combination of advice and ongoing management, with the greatest assurance of unbiased and no pressure client service.

We are a fee-based investment firm. With a fee-based advisor you get personal service, an individualized portfolio and ongoing management. You pay a set fee for our service, usually a small percentage of your assets being managed. Our minimum account value is $100,000.

Unlike full-commission brokers, whose compensation is tied to trading activity or the sale of investment products, fee-based investment managers provide customized advice designed to help you meet your financial objectives. Working together as a team, we have the same goal: to help increase your net worth and achieve your overall investment objectives.

Because we are paid according to the assets we manage our incentive is to grow the account instead of generating new clients to sell products. We will work hard to maximize your portfolio performance because we receive more income as your account grows.

 

Why is Fee Based Better?

Collaborative Financial Solutions, LLC charges a fair management fee based on the value of your account. The main different between a Stockbroker and us is that they make a living by charging their clients commissions. Therefore the more they charge the more money they make. Stockbrokers often charge 1% – 2% per trade of stocks, and as much as 5.75% on managed accounts. Stockbrokers may also have hidden charges such as 12b-1 fees or surrender fees on managed accounts, surrender fees and substantial internal expenses on annuities, and heavy markups on products like unit trusts or bonds.  A commissioned advisor gets paid on a per transaction basis by the companies whose products he or she sells.

On the other hand, as a fee-based advisor, our compensation is a flat percentage of your account value. We earn money if your account grows and when we gain new clients.

Specific advisory services such as evaluating your overall financial needs, developing a comprehensive financial plan or developing an asset allocation plan are usually billed on an hourly bases. Fee-based advisors charge either a set fee for services rendered or a fee, usually 1-2%, based on a percentage of the assets under management.

 

Fee Transparency

Fees vary according to the level of services provided and your account’s asset value. All fees are established up-front and may be flat, hourly, or calculated as a percentage of assets.

 

 

Call 805-965-0101

*Fee Based services are available through LPL Financial