What Will it Cost?
The Financial Discovery Group operates as a commission-free practice, also known as "fee-only," meaning we are compensated through a percentage of the assets we manage. The firm sells only its advisors' knowledge; it does not sell stocks, load mutual funds, insurance or proprietary products. We believe this model minimizes conflicts of interest - our clients worry less about ulterior motives for advice since the firm is not paid for transactions. Clients also feel free to contact us at any time without worrying about receiving an hourly bill.
The fees are transparent. Our fee is 1.25% annually for clients with investable assets up to $750,000. The annual fee is 1.00% for clients with investable assets above $750,000. There is a minimum annual fee of $6,500. Clients may also pay small transaction fees to the custodian for executing trades; Financial Discovery does not receive any of this fee.
