Planning Alternatives Ltd
Assets Under Management
$1.3B
Number of Clients
683
Number of Advisors
6
Average Client AUM
$1.9M
AUM per Advisor
$213.9M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Planning Alternatives, Ltd. offers wealth management services including financial planning and consulting, and investment management services. They use information gathered from clients to create an investment policy statement (IPS) and recommend risk-based portfolios. They utilize Modern Portfolio Theory and implement low-cost investment solutions when appropriate. They may recommend mutual funds, ETFs, ETNs, individual stocks and bonds, and other investment vehicles.
Fee Structure
AUM-Based Fees (Tiered)
| Assets Under Management | Annual Fee |
|---|---|
| Up to $2.0M | 0.95% |
| $2.0M - $5.0M | 0.75% |
| $5.0M - $10.0M | 0.50% |
| $10.0M - $25.0M | 0.35% |
| $25.0M - $50.0M | 0.25% |
| $50M+ | 0.20% |
Fees may be negotiable in certain circumstances.
Fee Estimator
You'll pay an annual fee based on the value of your managed accounts (see rates in table). For example, a $2 million portfolio would cost $19,000 per year. The minimum annual fee is $5,000. Fees are billed quarterly, in arrears, based on the end-of-quarter value of your account(s). Fees may be negotiable in certain circumstances. You may also incur fees charged by custodians, brokers, and third-party investment managers.
Areas of Practice
Location
255 South Old Woodward Ave., Suite 310, Birmingham, MI, 48009-6615
