PRICING
FEE ONLY
ASSETS UNDER MANAGEMENT
Financial Planning is included under this arrangement and fees are charged based on the total assets under management according to the chart below. For example, the first $500,000 is 100 basis points, the next $500,000 is 90 basis points, the next $1,000,000 is 80 basis points, and so on. 100 basis points is equal to 1.0%.
| Breakpoints | bps | |
| $ – | $ 500,000 | 100.0 |
| $ 500,001 | $ 1,000,000 | 90.0 |
| $ 1,000,001 | $ 2,000,000 | 80.0 |
| $ 2,000,001 | $ 5,000,000 | 70.0 |
| $ 5,000,001 | $ 10,000,000 | 60.0 |
| $ 10,000,001 | $ 999,999,999 | 40.0 |
Compared to the 1.2% average expense ratio of actively managed mutual funds, we feel we offer a relative bargain. Ask yourself these questions:
- When was the last time your mutual fund manager considered your individual tax situation when buying or selling a security?
- Is the mutual fund tailored toward achieving your specific goals?
- Do you know how much you’re paying your mutual fund manager?
- Do you even know who your mutual fund manager is?
FAMILY PRICING POLICY
Simply put, for fee calculation purposes only, Snowball Wealth Management will aggregate the assets under management of all relations within two degrees of consanguinity (i.e., blood relation). In other words, the assets of your grandparents, parents, siblings, children, and grandchildren may be aggregated for calculating the AUM fee per the chart above.
FINANCIAL PLANNING
We will analyze your entire financial picture taking into account retirement planning, budgeting, education planning, asset allocation, insurance needs, and any other major financial impacts such as inheritance or home purchase. No assets are turned over to Snowball Wealth Management under this fee arrangement. Our fee is negotiated based on the level of complexity which is often tied to the client’s net worth. The chart below shows estimated planning costs based on net worth.
| Net Worth | Est. Fee | |
| $ – | $ 500,000 | $ 1,500 |
| $ 500,001 | $ 1,000,000 | $ 2,000 |
| $ 1,000,001 | $ 2,000,000 | $ 2,500 |
| $ 2,000,001 | $ 5,000,000 | $ 3,000 |
| $ 5,000,001 | $ 10,000,000 | $ 5,000 |
| Over | $ 10,000,000 | $ 7,500 |
Clients will receive an executive summary along with a detailed report outlining recommendations including, but not limited to, portfolio allocation, savings and investment goals, and projected cash flow. An annual follow-up is recommended and available for half the original cost since we’re already familiar with your situation.
HOURLY FEE CHARGES
Tell us your needs and we’ll name a price. We can quote an hourly rate or a fixed fee. We have experience with complex and simple trusts, estate planning, partnership holdings, real estate investments, and many other unique financial assets. Projects that commonly fall into this category are:
- Review and reallocate asset allocation in 401(k), 403(b), 529, and other retirement and education plans.
- Advise on mortgage refinancing.
- Budgeting and tracking investments and net worth.
- Analyzing annuity and insurance contracts.