Scholar Financial Advising is an independent, fee-only investment advisory firm focused on providing individuals with fiduciary financial planning services on an hourly project or monthly retainer basis. We help physicians take back their time by providing strategies and financial plans that they can implement.
Our advisors hold at minimum a Ph.D. in Finance and Stephan Shipe, the firm’s lead advisor, is also a CFA charterholder and CFP® Professional.
Our mission is to Educate, Empower, and Encourage. We like to think outside of the box and enjoy working on more complex financial situations like those that typically surround physicians and highly compensated individuals. We believe that clients should manage their own accounts and our role is truly that of an advisor. We emphasize custom plans and the importance of building a strong advisor/client relationship.
Hourly Fee Comprehensive Financial Plans: For DIY investors who don’t want to hand over their investments or pay an AUM fee. They are looking for someone to pull all the financial pieces together and come up with a strategy and financial plan that they can execute with periodic check-in meetings.
Signature Client Program (Monthly Retainer): For investors with ongoing and complex financial advising needs (income over $1mm or investments over $10mm) we offer virtual family office services where we provide strategy on, monitor, and coordinate your finances so that you can take back the time you have been spending on the ongoing research, meetings, coordination with CPAs/attorneys, and management of your finances. You maintain control of your accounts.
Fee: $15,000 for initial comprehensive plan then $3,000-$10,000 per month based on complexity.
We offer a no-obligation welcome call for potential new clients to see if our services fit your needs. Find a time that works for you.
Learn more about Scholar Financial Advising, our services and our fees.
- Services: Financial planning, Tax Strategizing
- Ideal Client: A DIY investor who doesn’t want to pay AUM but wants advice.
- Location: Winston Salem, NC
- Scholar Financial Advising Application, ADV2
- Website, [email protected], (336) 360-6833
$350 / hour
By nature of our decision to be a fee only advisor, there are no conflicts of interest arising from commissions or referral fees that plague some financial services. Unlike many fee-only advisors, we believe that fee-only means a flat fee paid for advice. Our fee structure is based on project complexity and not on how much money a client has saved for an asset under management fee. This ensures that clients of all income and asset levels can receive financial advice and will pay a fee matched to the amount of advice needed and not be penalized for the size of their portfolio or net worth.
We are happy to buck the trend by providing financial advice on an hourly basis opposed to the current norm of a percentage of net worth or Assets Under Management (AUM).
Signature Client Program (Monthly Retainer): $15,000 for initial comprehensive plan then $3,000-$10,000 per month based on complexity.