Your Richest Life

Katie Brewer, CFP®, founded her fee-only firm, Your Richest Life Planning, in 2014 in order to focus on physicians and professionals under 50 who are juggling high-intensity careers while balancing the demands of a family. In order to most effectively utilize a client’s time, Katie conducts most business virtually. This framework allows the firm to work with clients all over the country while also minimizing financial planning costs. Katie has over 12 years of experience in the industry and has been quoted in various sources such as The New York Times, Forbes, and Business Insider.

 

Fee Structure:

Comprehensive Financial Planning consists of an upfront charge of $1,500 to $3,000, dependent on the scope, complexity and needs of the client and an ongoing fee that is paid monthly, in arrears, at the rate of $200 to $750 per month.

Financial Planning will generally be offered on a fixed fee basis. Fixed fees will be determined on a case by case basis with the fee based on the complexity of the situation and the needs of the client. The fixed fee will be agreed upon in the client contract before the start of any work. The fixed fee typically ranges between $3,000 and $6,000, dependent on the scope, complexity and needs of the client.

Standard investment management fee is based on the market value of the assets under management and is calculated as follows:

Account Value Annual Advisory Fee
$0 – $500,000 0.95%
$500,001 – $1,000,000 0.85%
$1,000,001 – $2,000,000 0.75%
2000000 and Above Negotiable

 

Qualified Plan Consulting Services:

Plan Assets Annual Advisory Fee
$0 – $500,000 0.95%
$500,001 – $1,000,000 0.85%
$1,000,001 – $2,000,000 0.75%
$2,000,001- $3,000,000 0.65%
$3,000,000 and Above Negotiable