Services, Process & Fees

Services
Fee
Frequency of Charge
Individuals & Couples
First Year Financial Planning Typical first year plans are $5000. Could be more or less depending on complexity One time, up front
Ongoing Planning Typical fees are 75-100% of first year fee. Annually or quarterly
Business Owners
First Year Financial Planning Typical first year plans are $10,000. Could be more or less depending on complexity One time, up front
Ongoing Planning Typical fees are 100% of first year fee On-going
Investments Management**
Investments Management Declining fees start at 1.25% of investable assets for $500,000 and up** Monthly or Quarterly

Individuals & Couples

First Year Financial Planning
Fee: Typical first year plans are $5000.  Could be more or less depending on complexity.
Frequency of Charge: One-time, upfront

Ongoing Planning
Fee: Typical fees are 75-100% of first year fee.
Frequency of Charge: Annually or quarterly

Business Owners

First Year Financial Planning
Fee: Typical first year plans are $10,000. Could be more or less depending on complexity
Frequency of Charge: One-time, upfront

Ongoing Planning
Fee: Typical first year plans are $10,000. Could be more or less depending on complexity.

Investments Management**

Fee: Declining fees start at 1.25% of investable assets for $500,000 and up**
Frequency of Charge: Monthly or Quarterly

*Scheibel Planning Services is compensated based on a combination of Investments Management Fees and an on-going Financial Planning Fee, based on the complexity of your situation.

**Investment Management Fees include fees paid to Investment Partners for Investment Advisory Services. account and fund fees, if applicable, are not included. Fees are: 1.25% ($500K-$1M), 1.1% ($1M - $2M), .85% ($2M - $5M), .7% ($5M+)

Typical Clients:

We do our best work for those who are 50+ with comprehensive Financial Planning needs and a desire for investments management.  Most clients have a minimum of $500,000 of investable assets*In addition, most if not all clients will engage in ongoing comprehensive financial planning that addresses up to 9 areas on an on-going basis.

Business Owner Planning

Business Owner Planning

  • What’s my business worth ?
  • Am I protected in case of unforeseen events?
  • How do I retain employees for growth?
  • How do I best exit and ensure enough money to fund my goals?

Retirement Income Planning

Retirement Income Planning

  • How do I create a “paycheck” in retirement?
  • What are my pension distribution options?
  • Should I consider an annuity?

Investment Planning

Investment Planning

  • Is my investment portfolio suited to my goals with appropriate risk?
  • Can it be improved?
  • Can it be sustained through good and bad times?

Social Security and Medicare Planning

Social Security and Medicare Planning

  • When should I take retirement for the maximum benefit?
  • Should I consider waiting and what is the advantage?
  • How do I integrate Social Security with my other income streams?
  • How do I plan for medical care costs in retirement?
insurance

Insurance Planning

Insurance Planning

  • How much life insurance if any is right for me?
  • Should I purchase Long Term Care Insurance?
  • What types of insurance meet my needs?
  • Am I overpaying for insurance?

Tax Planning

Tax Planning

  • Am I paying too much now and in the future?
  • How can I reduce the taxes I pay?

Real Estate Planning

Real Estate Planning

  • Should I invest in or liquidate real estate investments?
  • How much can I spend on my next home?
  • Should I pay cash or finance a property purchase?

Lifestyle/Cash-Flow Planning

Lifestyle/Cash-Flow Planning

  • How much money can I spend and still accomplish my long-term goals?
  • How do I separate the wants versus the needs?

Estate and Charitable Planning

Estate and Charitable Planning

  • Is my wealth protected in the way I want?
  • Is my plan in place and organized for my business and my family?
  • How can I ensure my wealth is distributed to family and charity with the least possible tax consequence?