Petra Financial Advisors INC
Assets Under Management
$387.8M
Number of Clients
359
Number of Advisors
7
Average Client AUM
$1.1M
AUM per Advisor
$55.4M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Petra Financial Advisors offers personal financial planning and investment management services. They work with clients to clarify financial objectives and develop a framework for reaching those objectives, including cash flow management, tax planning, risk management, education funding, retirement planning, and estate planning. Compensation is solely from client fees.
Fee Structure
Lifetime Financial Planning clients are given an estimated fee for the initial plan development, guaranteed within 15% of the estimate. The minimum financial planning development fee is $8,000, but may be negotiable. Investment management fees range from 0.40% to 2.00% of assets under management. Fees are prorated and paid quarterly in advance, based on the market value of the assets on the last business day of the previous quarter. For clients using the SEI Platform, fees are paid monthly in arrears. Special project fees range from $1,500 to $50,000 and may be negotiable.
Areas of Practice
Location
2 North Nevada Ave Suite 1300, Colorado Springs, CO, 80903-1626