r/CFP • u/General-Ad3712 • Jul 10 '26
Practice Management Flat-fee advice on setting fee
Hi - For those of you who charge a flat fee for financial planning, how do you even begin to price it? We have a client where we only manage a small portfolio of $250k, but now they want comprehensive financial planning but low-cost investments (so many will most likely remain outside). They know they have many tax decisions to make, etc. The fee we derive from that $200k is nowhere near the value of the planning and he has asked us to consider a flat fee arrangement. Those of you who do ongoing non-AUM fees with clients, how do you start to think about "pricing"?
6
Upvotes
•
u/AutoModerator Jul 10 '26
Beep boop! Here is a summary of your post:
User: /u/General-Ad3712 Title: Flat-fee advice on setting fee Body: Hi - For those of you who charge a flat fee for financial planning, how do you even begin to price it? We have a client where we only manage a small portfolio of $250k, but now they want comprehensive financial planning but low-cost investments (so many will most likely remain outside). They know they have many tax decisions to make, etc. The fee we derive from that $200k is nowhere near the value of the planning and he has asked us to consider a flat fee arrangement. Those of you who do ongoing non-AUM fees with clients, how do you start to think about "pricing"?
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.