Why We’re Unique
“I have the ingredients, but not the recipe.”
We often hear some version of this from our client families. They have accounts in various places, a rough idea of how much they spend, and a few goals they want to achieve penciled out, but it’s not cohesive.
Financial planning is the way to make sense of your ingredients. We co-create a unique financial plan for your life, vision, and values. Throughout this process, you are in the driver’s seat. It’s our role to serve as a thought partner, distill your options clearly and empower you to make the best choice. As a CFP professional, Brenna is a fiduciary. Your best interests are the foundation of Collective Wealth Planning (CWP) recommendations.
As personalized as a recommendation might be, it doesn’t do much for you until it’s carried out. Statistics show that ~80% of financial planning recommendations go unimplemented. The CWP Process will support you in developing, adapting, and executing your financial planning recommendations to build the life you want to live.
Why CWP Is Unique
“I have the ingredients, but not the recipe.”
We often hear some version of this from our client families. They have accounts in various places, a rough idea of how much they spend, and a few goals they want to achieve penciled out, but it’s not cohesive.
Financial planning is the way to make sense of your ingredients. We co-create a unique financial plan for your life, vision, and values. Throughout this process, you are in the driver’s seat. It’s our role to serve as a thought partner, distill your options clearly and empower you to make the best choice. As a CFP professional, Brenna is a fiduciary. Your best interests are the foundation of CWP recommendations.
As personalized as a recommendation might be, it doesn’t do much for you until it’s carried out. Statistics show that ~80% of financial planning recommendations go unimplemented. The CWP Process will support you in developing, adapting, and executing your financial planning recommendations to build the life you want to live.
What’s your overall financial satisfaction?
This quick survey is a starting place for our planning conversation and can provide a high-level overview of your financial life:
The Collective Wealth Planning Process
Over the course of four meetings, we’ll co-create a detailed plan incorporating all aspects of your life and laying out the path to get there. We’ll then discuss the next steps to making this plan a reality.
The Collective Wealth Planning Process
Over the course of four meetings, we’ll co-create a detailed plan incorporating all aspects of your life and laying out the path to get there. We’ll then discuss the next steps to making this plan a reality.
Understanding Our Fee Structure
Transparency and honesty are key pillars of the firm, starting with being upfront about fees. We are a fee-only practice, which means that fees come directly from a mutually agreed-upon arrangement, not commissions.
Financial Planning
This is the core of what we do, and there are two ways we can partner in the financial planning process.
Creating a Comprehensive Financial Plan
We begin by walking through the initial financial planning process outlined above. Ultimately, you walk away with a clearer understanding of your financial life, a long-term plan, and a list of action items to move you from point a to point b. The cost is around $6,000 for individuals and $7,500 for couples, with 50% of the fee due upon signing your initial contract and the remaining 50% at the conclusion, paid via ACH.*
*The fee may be higher if you are a business owner, have a highly structured legal estate, own private or illiquid investments, or otherwise have a lot of complexity in your financial life. We will quote you the final fee after the getting acquainted meeting.
Hourly Financial Planning
After we establish a comprehensive financial plan, you will have access to our hourly service model.* This is designed for those of you who want to continue collaborating but are happy with where your assets are (either because you’re in an employer retirement plan or because you enjoy managing your investment portfolio).
This may include meetings, phone calls, and email exchanges and is based on a $300/hour rate. Some people want to meet quarterly to work through action items, or annually to update their plan. Others prefer to reach out when a life event triggers the need to collaborate with a thought partner who knows your financial picture.
*The hourly service model is available only to those who have completed the comprehensive financial planning process. Your plan serves as a guide to the most appropriate advice and recommendations.
Wealth Management
If you want to partner on financial planning long-term and are looking to outsource the management of your investments, our Wealth Management services might be a fit. Under this structure, fees are based on a percentage of assets up to a $15,000 cap and are deducted from your investment accounts quarterly. You can find more detail under the Wealth Management tab.
Start Your Financial Journey
Whatever your season of life, our holistic, value-focused approach will instill confidence in your financial future. Our effective strategies, individual-focused planning, and invaluable insight will empower you and your community for generations to come.