HOW OUR FEES ARE UNIQUE
We are fee-only financial planners, located in Long Island. We do not sell annuities, insurance, stocks, bonds, mutual funds, limited partnerships, or other commissioned products. We do not accept commissions or finder’s fees in any form. In addition to being fee-only, our fees are unique in the following ways:
- No AUM fees (Assets Under Management). Most traditional and fee-only advisors’ largest fee is based on an ongoing percentage of assets under management. This is in addition to financial planning fees. Woodhull does not manage investments. We are focused solely on delivering expert financial planning in Long Island on a fee-only, hourly-only basis.
- Transparent pricing. Before we begin work on your comprehensive financial plan, we will give you a FLAT FEE firm quote for the number of hours we expect to spend. You may also decide to retain us on an ongoing basis once your comprehensive financial plan is completed. Ongoing financial planning fees are typically less than those of the original plan.
- Based Upon Financial Complexity. We base the number of hours required to complete your comprehensive financial plan on the complexity of your financial situation. We will help you determine the level of complexity of your plan in our initial meeting.
Please refer to the chart below to get an approximate idea of what our fee might be in your situation.
MEET WITH A FEE-ONLY, TAX-SAVVY
We offer a no-cost, no-obligation confidential consultation so you can see if we are the right fit for you.