Silver Strand Financial Planning
Assets Under Management
$7.3M
Number of Clients
19
Number of Advisors
1
Average Client AUM
$387K
AUM per Advisor
$7.3M
Compensation
Fee-Only (AUM)Fixed/Hourly
About This Firm
Silver Strand Financial Planning, LLC provides continuous advice to clients regarding investment of funds based on individual needs. Services include wealth management, investment management, employer plan guidance, discoverer package, and financial planning. They utilize third-party investment advisers and offer estate planning and insurance consulting.
Fee Structure
Wealth Management Services: For accounts less than $250,000, the annual fee is $2,400. For accounts over $250,000, the annual fee is $2,400 plus 0.50% of assets under management greater than $250,000, not to exceed $6,000. Investment Management Services: 0.50% annually. Employer Plan Guidance: $50/month. Discoverer Package: $100/month for households with less than $100,000 in AUM; for households with more than $100,000 in AUM, the fee is $1,200, plus 1.0% of assets under management greater than $100,000 up to $220,000. Project-Based Financial Planning: $500-$3,000. Hourly Financial Planning: Up to $400/hour. Estate Planning fees are determined based on the complexity of the planning services needed and are offered through a third-party vendor.
Areas of Practice
Location
MI, United States