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FIVE POINTS FINANCIAL
PROGRAMS AND FEES
Your approach to building wealth is as individual as your finger print. As your financial advisor, my
objective is to help you execute a plan that we create as a collaborative effort. I do that by asking lots of questions,
getting to know you, and tapping into other resources or specialized expertise. To create a plan you'll be invested in (and will stick with), it must be based
on your dreams, goals, and desires becoming reality.
My Wealth Enhancement ProgramTM is designed for people that are actively involved in building wealth. Whether you prefer to do-it-yourself or delegate active management of your assets, you recognize the value in creating a master-mind experience with seasoned professionals. Wealth enhancement requires focused attention on asset AND liability management. The service includes timely updates of the comprehensive Wealth Enhancement ProgramTM (at least annually), quarterly master-mind sessions, tax planning, personal tax return preparation with electronic filing, and unlimited online support.
The following has been provided to help you understand how we provide our advisory services and the fees
involved. I wouldn't be comfortable ordering from a restaurant menu without prices and I wouldn't expect you
to either. Our relationship is built on trust and full disclosure. It's the only way we can create a win/win
that meets the needs of all parties.
 Wealth Enhancement ProgramTM
Quarterly Fees of 3.5 (.00035) basis points*
with a set-up fee equal to one quarter for developing the custom program
Fees are calculated on estimated net worth and are quoted for one year. Fees will be adjusted annually with 30-days advance notice. Any significant changes in net worth during the year (resulting in a change of 25% or greater) will require re-evaluation of the fee quote. Accounting required to develop records necessary for estimating net worth or for tax preparation will be billed at an hourly rate of $80.
*There is a minimum quarterly fee for the Wealth Enhancement ProgramTM of $800. 10 basis points is equal to 1/10th of 1% or .001. |
For those who prefer active management of components of the assets and liabilities that comprise their net worth, the following has been provided for additional information and as a guideline.
Managed Accounts (Securities)
Quarterly Fees of 20 to 35 basis points with a set-up fee equal to one quarter
| For funds invested in securities (stocks, bonds, mutual funds, etc.), an account management plan is created based on the client's individual goals and objectives taking into consideration any restrictions inherent in the holding vehicle. Funds may be held in employer-controlled retirement plans, self-directed retirement plans, or unrestricted accounts. The plan is created then implemented and regularly monitored. |
Real Estate Management
Monthly Fees of 5 to 10% of gross rents with a set-up fee equal to one month
| Management services are available for multi-family or commercial projects generating a minimum of $5,000 per month in rental income. Monthly services include accounting and maintenance of the rent roll to optimize value. Consulting including development project analysis, and acquisition or disposition negotiation is billed at an hourly rate of $350.
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Business Value Optimization
Monthly Fees of 5 to 10% of net income with a set-up fee equal to one month
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Services are designed to enhance company value to a third-party investor. It is contemplated that the owner of a closely-held business will ultimately sell their interest to fund retirement - either to employees or an unrelated party. It generally requires several years of advance planning to structure an organization to maximize its value. Fees are calculated on net income BEFORE compensation to owners.
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Annuities
No Fees paid by client
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Fixed annuities are recommended to address specific planning issues. Typically annuities are commissionable by the issuing insurance company. Time incurred relating to issuing and monitoring an annuity investment is not charged directly to the client. For comparison purposes, commission ranges from 50 to 80 basis points annually averaged over the life of the contract.
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Liability Management
Fee Disclosure provided at application
The strategic use of debt is an important component in wealth building. Liabilities are evaluated and, if necessary, restructuring may be suggested. Loan origination fees are based on the amount of the financing and vary based on the lender's guidelines. While origination and broker fees are typically charged to the borrower, they are included in the funds required to close. Fee disclosures are provided at application.
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Insurance
No Fees paid by client
| Risk exposure must be addressed to ensure that your wealth, once built, is protected. While self-insurance is practical in some instances, certain insurance coverage may be preferable to assuming the entire burden of loss. An evaluation is made of life, health, disability and long-term care insurance needs. Insurance planning is compensated for through commissions paid by the issuing insurance company.
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Consulting
Fees Vary by Project or Engagement
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From time to time, we may be required to work with outside professionals including attorneys for issues such as estate planning, asset protection, and contracting. We will let you know when such a situation arises and you will receive a separate invoice from any outside professional we work with on your behalf. Our services will be billed at our standard hourly rates ranging from $80 to $350.
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Yes, you can engage us to actively manage a portion of your investment portfolio. This allows you to maintain established relationships with other
financial professionals whose services you would like to retain. To be most effective, however, we find that someone needs to quarterback your team.
The Wealth Enhancement ProgramTM includes an ongoing review and updates which requires that we receive copies of statements
and critical contracts or records. With unlimited online support, you can send an e-mail anytime you are considering a financial transaction and gain
the insight and experience that has been of benefit to hundreds of people like yourself.
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Call 1.888.886.4111 NOW for your FREE initial consultation or to discuss how these programs can help you enhance your wealth
and create a life that is really living!
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