Why 0.75% Matters.

Investment Planning Advisors understands the long term impact high fees have on your portfolio value. We believe everyone deserves a fair price and we offer our Advisory Account fee at an annual rate of 0.75%.

You may be thinking, is 0.75% high, is it low? What am I paying?  Based upon data comparing Average National Advisor fees from AdvisoryHQ.com, an account with a value of $1,000,000.00 is charged at a rate of 1.02%. National Average fees increase across the board the lower your account balance is; we believe 0.75% is a fair annual rate for everyone.

Take a look at how annual fees can impact your account value over a 20-year period. The graph assumes a growth rate at 8% and compares an annual fee of 0.75% to that of a 1.50% fee with an initial investment of $500,000.00. 

When you think about choosing a financial professional, be sure that you understand and compare the fees you’ll be charged. It could save you a significate amount of money in the long run.

We don’t think you should be charged more just because your balance is less, everyone deserves a fair fee. The table below shows the annual savings one could expect by using our Fee Structure as opposed to the average fees charged by advisors.

Get in touch with us to discuss, please reach us via email or phone: michael.patton@lpl.com or (304) 327-0401. 

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.  The illustration is intended to reflect the impact of asset management fees on overall account value.  The assumed rate of return (8%) is not representative of any specific investment or portfolio. Investment returns are subject to fluctuation therefore there is no assurance a stable rate of return can be maintained.

 Securities and advisory services offered through LPL Financial, a Registered Investment Advisor, Member FINRA/SIPC.

 References

** http://www.advisoryhq.com/articles/financial-advisor-fees-wealth-managers-planners-and-fee-only-advisors/#Percentage-AUM