WealthCare Signature Planning Services

WealthCare™ Signature Planning Services

                                                                                                     Effective for New Quotes as of May 15, 2021         (prior quotes will be honored if enrolled within 30 days of quote)

While we offer a range of limited-scope and modular plans, the WealthCare Signature Planning packages represent the most common options bundled together offering the most value for the most common questions we deal with regarding Retirement, Investing, Taxes or College Funding for individuals or couples with household income up to $250,000 or net worth up to $2M. For those with higher incomes or net worth or more complex scenarios, we will provide a specific quote that starts at 0.5% of income or 0.20% of net worth on portions above the limits listed here.

Administrative fees (ranging from $300 to $1,000) may be added based on the project type, scope, billing arrangement, or additional technology tools needed.

Fees for projects assume automatic renewal annually, unless canceled.

WealthCare™ Signature Retirement: Starts at $4,500 (initial 12-month plan) + $3,000/year renewal

This package is ideal for those in or approaching retirement. It includes the following services and does not require you to transfer any assets or pay an Assets Under Management fee:

• RetireRight™ Retirement Readiness Reality Check-Up
  • Focus on questions like: Can I Afford to Retire? Will I Run Out of Money?
  • Document goals, retirement lifestyle budget and life expectancy
  • Prepare retirement cash-flow projections
  • Projected investment withdrawal rate to sustain retirement lifestyle
  • Includes RetireRight™ SSI Analysis to maximize Social Security and pension benefits
  • Determine your appropriate Risk Number for investments
  • Prepare and evaluate multiple ‘What If’ scenarios using various modeling tools to determine range of confidence levels to answer whether or not you are on track

 

• RetireRight™ SSI Analysis
  • Evaluate options to maximize Social Security through elective switch strategies
  • Evaluate pension election choices for benefit level that supports your retirement goals
  • Review of income tax impact

 

• Portfolio Lab Analysis with Personalized Recommendations
  • Analysis of all holdings in a portfolio (taxable or retirement)
  • Determine appropriate benchmark for tracking
  • Evaluate optional asset allocations for improved returns and/or lower volatility and risk of loss
  • Research on current and prospective investments
  • Detailed risk- and performance metrics
  • Actionable advice for the self-directed investor who does not want to have someone else manage investments

 

• WealthCare™ Financial Wellness Tune-Up
  • Broad review to determine current financial position including net worth
  • Identify your financial strengths and weaknesses in up to 13 key areas (including taxes, insurance, investments, credit and estate planning)
  • Includes meeting notes, resources and action checklist

 

• Advisor Support
  • Retain access to a qualified financial planner to answer your calls or emails for non-investment financial questions during the year
  • Assistance with implementation of plan recommendations

 

• Tax Clarity – Planning with Preparation
  • Tax preparation and filing of individual, trust, estate, and business tax returns
  • Tax projections of impact of financial plan recommendations including payroll withholding
  • Tax advice dealing with stock options (Restricted Stock Units, Incentive Stock Options, Stock Appreciation Rights)
  • Tax planning advice to lower your tax bill (ideal for business owners, consultants, landlords)

 

• Client Goal Dashboard
  • Provides online dashboard to track all assets and liabilities
  • Up-to-date Financial Health Picture including Net Worth
  • Tracks goals and progress

 

Optional Services starting at $400 Advisor Facilitator Fee plus third-party attorney/estate planner fee (typically $400 to $700 based on platform and package selected)

• Estate Plan Navigator Services
  • Work with an Accredited Estate Planner® providing guidance and education on your options
  • Assistance with data interview
  • Guidance through online data gathering
  • Review and coordination with drafting attorney
  • Assistance with implementation and funding of trusts
  • Secure online storage for access when needed
  • For More Details on Estate Planning Services, Click Here: Estate Plan Navigator  

 

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WealthCare™ Signature Review: Starts at $3,600 (initial 12-month plan) + $2,750/year renewal

This package is ideal for any client seeking an objective assessment of current financial position and answers key questions about how to improve your bottom line and allocate your self-directed investments. It includes the following services and does not require you to transfer any assets or pay an Assets Under Management fee:

• WealthCare™ Financial Wellness Tune-Up
  • Answers key questions like: Am I on track? How do I reach my goals?
  • Broad review to determine current financial position including net worth
  • Identify your financial strengths and weaknesses in up to 13 key areas (including taxes, insurance, investments, credit and estate planning)
  • Includes meeting notes, resources and action checklist

 

• Portfolio Lab Analysis with Personalized Recommendations
  • Analysis of all holdings in a portfolio (taxable or retirement)
  • Determine appropriate benchmark for tracking
  • Evaluate optional asset allocations for improved returns and/or lower volatility and risk of loss
  • Research on current and prospective investments
  • Detailed risk- and performance metrics
  • Actionable advice for the self-directed investor who does not want to have someone else manage investments

 

• Advisor Support
  • Retain access to a qualified financial planner to answer your calls or emails for non-investment financial questions during the year
  • Assistance with implementation of plan recommendations

 

• Tax Clarity – Planning Only
  
  • Tax projections of impact of financial plan recommendations including payroll withholding
  • Tax advice dealing with stock options (Restricted Stock Units, Incentive Stock Options, Stock Appreciation Rights)
  • Tax planning advice to lower your tax bill (ideal for business owners, consultants, landlords)

NOTE: Tax preparation and filing services may be added for an additional fee based on type of return and forms filed.

 

• Client Goal Dashboard
  • Provides online dashboard to track all assets and liabilities
  • Up-to-date Financial Health Picture including Net Worth
  • Tracks goals and progress

Optional Services starting at $400 Advisor Facilitator Fee plus third-party attorney/estate planner fee (typically $400 to $700 based on platform and package selected)

• Estate Plan Navigator Services
  • Work with an Accredited Estate Planner® providing guidance and education on your options
  • Assistance with data interview
  • Guidance through online data gathering
  • Review and coordination with drafting attorney
  • Assistance with implementation and funding of trusts
  • Secure online storage for access when needed
  • For More Details on Estate Planning Services, Click Here: Estate Plan Navigator  

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CollegeCare™ Signature College Funding: $3,000 (initial 12-month plan) + $1,800/year renewal

This package is ideal for those families with students in college or college-bound high schoolers. It includes the following services and does not require you to transfer any assets or pay an Assets Under Management fee:

• Tuition Buster Silver
  • Focus on questions like: How does my family pay for college and still save for retirement? How do I lower the cost of college even if we don’t qualify for needs-based aid? Can I get a tax scholarship?
  • Family Funding Analysis with Cash Flow Plan
  • Projected Expected Family Contribution
  • Aid Eligibility Comparison Report comparing multiple college options
  • College Cost Calculator to Determine College Education Needs (up to 4 colleges)
  • Projection of Funding Gap
  • Review of Tax Planning Strategies to Lower College Costs
  • Strategies and tips to lower EFC and/or maximize aid
  • Retirement Readiness Report – how paying for college will impact your retirement goals and how to stay on track

 

• FAFSA or CSS Profile Preparation Assistance
  • Review of financial aid forms
  • Preparation of answer key that reflects recommended strategies

 

• Portfolio Lab Analysis with Personalized Recommendations
  • Analysis of all holdings in a portfolio (taxable or retirement)
  • Determine appropriate benchmark for tracking
  • Evaluate optional asset allocations for improved returns and/or lower volatility and risk of loss
  • Research on current and prospective investments
  • Detailed risk- and performance metrics
  • Actionable advice for the self-directed investor who does not want to have someone else manage investments

 

• WealthCare™ Financial Wellness Tune-Up
  • Broad review to determine current financial position including net worth
  • Identify your financial strengths and weaknesses in up to 13 key areas (including taxes, insurance, investments, credit and estate planning)
  • Includes meeting notes, resources and action checklist

 

• Advisor Support
  • Retain access to a qualified financial planner to answer your calls or emails for non-investment financial questions during the year
  • Assistance with implementation of plan recommendations

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WealthCare™ Retainer Options

This package is ideal for any client seeking an objective assessment of current financial position and answers key questions about how to improve your bottom line, allocate your self-directed investments, and have access to an objective trusted advisor to address any other topic or question.

It combines our financial wellness check-up program with a retainer that is applied to any other issues, questions, research, or implementation support that you may request during the one-year term of the program. Any unused funds may be carried over to the following term. This service arrangement does not require you to transfer any assets or pay an Assets Under Management fee:

WealthCare™ Signature Retainer (fixed fee + hourly option): starting at $2,000

• WealthCare™ Financial Wellness Tune-Up
  • Initial fee: $1,500
  • Broad review to determine current financial position including net worth
  • Identify your financial strengths and weaknesses in up to 13 key areas (including taxes, insurance, investments, credit and estate planning)
  • Includes analysis and support for one specific key topic of your choice (tax planning, tax preparation, college funding, credit and cash-flow planning, estate planning, life insurance analysis, elder care, preliminary retirement analysis)
  • Includes meeting notes, resources and action checklist

• Retainer for Ongoing Advisor Support
  • Retain access to a qualified financial planner to answer your calls or emails for financial questions during the year
  • Assistance with implementation of plan recommendations
  • Balance divided equally beginning in the second quarter
  • Applied to any professional and administrative time involved to research or develop recommendations or advice on any issues, questions, or financial matters arising during the year
  • Based on prevailing hourly rate noted in grid (three-hours at minimum $150/hour)

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WealthCare™ Signature Planning & Investment Bundles

These bundles provide clients with different levels of ongoing planning services combined with professional investment guidance either with one of our custodians or through a client’s choice of platform.

Programs are renewed annually.

WealthCare™ Silver Core: Starting at $2,000 for Planning with $250,000 in Investable Assets at 0.40% AUM Fee

Includes:

• WealthCare™ Financial Wellness Tune-Up
• In-Depth Analysis on 2 Key Topic Areas Selected by Client
• Overall Asset Allocation Review on Outside Assets
• Advisor Support for Program Term
• Advisor-Directed Investment Management Using Low-Cost ETF Platform with Tax-Loss Harvesting Powered by Betterment for Advisors

 

WealthCare™ Gold: Starting at $2,800 for Planning with $500,000 in Investable Assets with Low, Two-Tier AUM Fee (0.80% up to $400,000 in AUM and 0.60% on Balances Over $400,001)

Includes:

• WealthCare™ Financial Wellness Tune-Up
• RetireRight™ Retirement Readiness Reality Check-Up
  
• In-Depth Analysis on 4 Key Topic Areas Selected by Client
• Overall Asset Allocation Review on Outside Assets
• Advisor Support for Program Term

 

WealthCare™ Platinum: Starting at $7,500 for Planning with $1,000,000 in Investable Assets with Client Choice of Two-Tier AUM Fee or Flat Fixed Fee (Quoted)

Includes:

• WealthCare™ Financial Wellness Tune-Up
• WealthCare™ Signature Retirement
  
• In-Depth Analysis on 4 or More Key Topic Areas Selected by Client
• Estate Plan Navigator Service for Plan Design and Funding
• Overall Asset Allocation Review on Outside Assets
• Advisor Support for Program Term

Tax Preparation Services are available. Please call to discuss options.

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Fixed fees for Signature Series programs may be higher based on higher incomes, net worth, and/or composition of assets. Programs may be combined with additional modular planning elements or if ongoing, advisor-directed asset management services are requested. Please call for a specific quote.

For other single-topic or comprehensive fixed-fee or hourly rate planning options , please check out these pages.