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.
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 1.4%** 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 1.4%** 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.)
**1.4% for individual stock and bond portfolios. (No expense ratios like with the ETFs and Mutual Funds. Also more tax advantages like loss harvesting.)