At Third Act Retirement Planning, we offer comprehensive, fee-only financial advice for retirees or those close to retirement.
As a fee-only firm, we aim to be transparent about our fees upfront. Our minimum required amount is $250,000 for investment management services and $750,000 for wealth management. Every client has a financial plan. Click here to learn more about our hourly only financial planning service.
Wealth Management Financial Planning Retirement Planning
We break down our services into three main categories depending on your needs:
One-Time Comprehensive Plan
Initial fee: $3,000
- Financial goal setting
- Net worth and cash flow review
- Income tax planning
- Education funding planning
- Employee benefit planning
- Retirement planning
- Portfolio and investment analysis
- Investment recommendations
- Insurance needs analysis
- Estate planning review
- Annual review meeting
(additional $2,000)
Investment Management
FEE: 1%* to 1.5%** OF ACCOUNT BALANCE($250,000 minimum)
- Financial goal setting
- Portfolio and investment analysis
- Investment recommendations
- Ongoing investment management
- Retirement Planning
- Limited access to financial planner or questions and advice
- Annual review meeting
Wealth Management
Fee: 1%* to 1.5%** of portfolio balance ($750,000 minimum)
- Financial goal setting
- Life planning
- Net worth and cash flow review
- Income tax planning
- Ongoing tax review and filing
- Education funding planning
- Employee benefit planning
- Retirement planning
- Portfolio and investment analysis
- Investment recommendations
- Insurance needs analysis
- Estate planning review
- Continual access to financial planner for questions and advice
- Annual review meeting
*1% for low cost ETF and mutual fund portfolios. (Families used include Schwab, Vanguard, SPDR, iShares, and DFA.)
**1.5% for individual stock and bond portfolios. (No expense ratios like with the ETFs and Mutual Funds. Also more tax advantages like loss harvesting.)