Modern Dollar Planning, LLC
Assets Under Management
$122.0M
Number of Clients
137
Number of Advisors
2
Average Client AUM
$890K
AUM per Advisor
$61.0M
Compensation
Fixed/Hourly
About This Firm
Modern Dollar Planning provides customized financial planning and discretionary investment management services. Financial planning includes retirement, cash flow, tax, insurance, estate, employee benefits, college savings, and investment analysis. Investment strategies are based on Modern Portfolio Theory using low-cost ETFs. They work with clients to identify goals, risk tolerance, and financial situations.
Fee Structure
Modern Dollar Planning charges a one-time financial plan fee between $1,500 and $5,000, due upfront. Ongoing wealth management fees are a quarterly fixed fee ranging from $1,000 to $10,000, determined by the complexity of the client's financial situation, stage of life, income, net worth, and level of assets managed. Fees are negotiable at the Advisor's discretion. There is a minimum Financial Plan creation fee of $1,500 and a minimum quarterly fixed fee of $1,000.
Areas of Practice
Location
1807 Park Avenue, St. Louis, MO, 63104
