Broker Check

Client Services & Fees

COMMISSION BASED

Focus:

  • Suitable Product to meet a specific financial need


Engagement:

  • Complimentary Initial Meeting with Risk Analysis Evaluation
  • Follow Up Consultation – Once every 3 years to see if product needs have changed.


Fees:

  • One time Commission – Varies and is Specific to Security or Insurance product solicited.


Who should use these services?

  • Individual, Families, or Businesses that are looking for specific solutions to specific financial needs within their overall Financial Plan. An example of this would be a Married Couple applying for a Life Insurance Policy to protect their surviving spouse and children from an untimely death.


FEE BASED 
Tools: MoneyGuide Pro & AdviceWorks

Focus:

  • Financial Planning and Portfolio Management


Engagement:

  • Financial Planning Engagement
    • 3 Initial Meetings
      1. Discovery Meeting
      2. Analysis and Recommendations
      3. Implementation
    • On-going Financial Planning Engagement
      • Once financial plan has been created, meet 1-2 times per year for check-in evaluations.
  • Portfolio Management
    • Asset allocation guidance based on current Capital Market Assumptions
    • Open architecture portfolio management
    • Weekly Market Blogs on website – owm.ceterainvestors.com
    • Monthly Email on Financial Markets
    • Annual Portfolio reviews


Fees:

  • Financial Planning and Portfolio Management services are coupled into an Assets Under Management (AUM) Fee.
    • AUM Fee has 2 Parts 
      • Program Fee
      • Advisor Fee
  • My Advice Architect (MAA) Advisory Solutions is used for Portfolio Management services
    • Programs Used in MAA
      • Unified Program
      • Guided Program
      • Advisor I Program
      • Advisor II Program
    • Please see sample MAA Client Agreement and Cetera's Form ADV-2A below for full scope of program fees.
  • Below is the Advisor Fee Schedule per AUM:
    • $25k-$1 million: 1%
    • $1 million - $3 million: 0.75%
    • $3 million - $10 million: 0.5%
    • $10 million+: 0.25%


Who should use these services?

  • Appropriate for Individuals, Families, and Businesses who enjoy full service financial planning and portfolio management on an ongoing basis.

FEE FOR SERVICE

Focus:

  • Financial Planning

Engagement:

  • One-Time Financial Planning Engagement
    • 4 Planning Meetings
      1. Discovery Meeting
      2. Analysis and Recommendations
      3. Implementation
      4. Follow-Up
  • On-going Financial Planning Engagement
    • 3 Initial Meetings
      1. Discovery Meeting
      2. Analysis and Recommendations
      3. Implementation
    • Once the Financial Plan has been created, meet 1-2 times per year for planning check-in evaluations.

Fees:

  • One-Time Financial Planning Engagement
    • Flat Rate = $10,000.00
      • Includes:
        • 4 1-hour long meetings as part of financial planning engagement. 
        • Up to 16 hours of additional meeting preparation from our team 3 full-time CFPs and 3 fully licensed support staff
        • Full access to Adviceworks throughout and beyond engagement including the interactive 'Roadmap' Financial Plan
        • Finalized PDFs of Financial Plan from Money Guide Pro and Distribution Plan from ATS
  • On-going Financial Planning Engagement
    • Hourly rate is $500.00 
      • This engagement does require at least 3 initial 1-hour meetings to establish Financial Planning Needs and explore full scope of engagement.  In addition to charging for meeting time, the hourly rate will apply to time spent on meeting preparation from members of our team including the 3 full-time CFPs and fully licensed support staff.
      • Future service charges will depend on frequency and length of follow up meetings.  A typical expectation would for an on-going engagement, would be to meet at least 1-2 times a year following the initial meetings.

Advisory services may only be offered by Investment Adviser Representatives in connection with an appropriate Cetera Investment Advisers LLC, advisory services agreement and Disclosure Brochure, as provided.

In addition to fees paid for advisory services with respect to your investment in mutual funds, you may pay additional mutual fund expenses, including management, trading and marketing fees. Mutual fund expenses, 12 (b)1 fees, and any deferred sales charges are fully disclose in the mutual fund prospectus.

Contact your investment adviser representative for a listing of all fees, charges and expenses related to this program. Such information is also listed in the firm’s Form ADV Part 2A and disclosure brochure as provided.