Financial Life Advisors prides itself on being Fee-Only. FLA does not accept commissions or other compensation (such as referral fees) from outside companies like insurance and investment companies. When we make a referral, it’s to a trusted partner in our well-curated professional referral network. Our clients are not obligated to exclusively use our network.
We believe that all trusted advisors should represent their client’s best interests and not the advisor or those companies they represent.
Financial Life Advisors is ALWAYS a fiduciary when working with our clients. This means we always act in your best interest. We do so as part of our professional CFP® standards, as well as contractually in all of our agreements.
For Financial Planning, there is no minimum asset level. We work with those who value our services and align with our values. For Foundational Management, we recommend having a minimum of $150,000 in assets to benefit from the investment in our services. For Ongoing Wealth Management, we recommend a minimum of $1,000,000 in assets to maximize the benefit from the investment in our services.
Please bring an open mind and any questions you may have. We ask you to complete an Initial Consultation Worksheet prior to your meeting so we can learn more about you and focus on what is most important to you. Having a basic understanding of your current income, expenses, assets, and debts will help us get started. For specific questions or areas of concern, please bring documents related to those items. You are welcome to securely submit these to us ahead of the meeting for review.
Generally, each meeting lasts an hour, but we do not “watch the clock.” There is no cost or obligation for the initial consultation. We will review the specific issues or concerns you may have. After reviewing your situation, we will suggest potential areas of opportunity and the services we offer, their respective cost, and instructions on how to proceed. If your needs would be better served by another professional (e.g., attorney, CPA, insurance agent), we will offer to provide referrals. Even if you do not require our services, our goal is for you to receive some insight and direction during the consultation. Disclosure: FLA does not pay for receiving referrals or receive compensation for giving them.
For Comprehensive Financial Planning, FLA generally quotes a fixed fee for financial planning engagements. (Hourly quotes are available upon request.) Please see our Fees & Disclosures for more information. For Ongoing Management, Financial Life Advisors charges a management fee based upon the services requested and total dollar amount of assets being managed. No matter what investments FLA recommends or how often they are traded, our compensation from our clients is the same. Wealth Management clients who have completed a comprehensive financial plan receive ongoing financial planning services, which are included as part of the Wealth Management fee.
At FLA, we prioritize the security and integrity of your investments by only partnering with qualified custodians. Your assets will be held with a trusted, reputable custodian to ensure they are safeguarded and managed with the highest standards of care. Currently, our primary custodian is Charles Schwab, a leader in the financial services industry, renowned for its stability and reliability.
These materials have been independently produced by Financial Life Advisors (FLA). FLA is independent of, and has no affiliation with, Charles Schwab & Co., Inc. or any of its affiliates ("Schwab"). Schwab is a registered broker-dealer and member SIPC. Schwab has not created, supplied, licensed, endorsed, or otherwise sanctioned these materials nor has Schwab independently verified any of the information in them. FLA provides you with investment advice, while Schwab maintains custody of your assets in a brokerage account and will effect transactions for your account on our instruction.
Disclosures:
Financial Life Advisors (FLA) provides tax planning to assist clients in managing their financial affairs effectively. However, it's important to note that FLA is not a tax, legal, or accounting firm. While we strive to offer comprehensive financial guidance, our services are not intended to replace professional tax, legal, or accounting advice.
Investment Advisory Services offered through Financial Life Advisors, LLC, A SEC Registered Investment Advisor.
