Haas Financial Group is a fee-only RIA. We do not take commissions and are not perversely compensated to put you into any specific funds or strategies. The focus is on you. The fiduciary duty is to you. We strongly believe you should know what you are paying, and what you're paying it for which is why we offer multiple, client-friendly options for advisory and planning fees, including the option for a flat fee. Clients should feel they receive tremendous value for our fee, and that it's commensurate with your long-term outcomes.
One Time Financial Plan | Ongoing Investment Management | Ongoing Financial Planning (No Investment Management) | Ongoing Investment Management & Ongoing Financial Planning | |
|---|---|---|---|---|
Length of Engagement | Typically 6-12 months | Ongoing | Ongoing | Ongoing |
How We Are Compensated | One-time, flat fee. Fee dependent on complexity of planning. Quote provided through Planning Proposal document starting at $2,850. Learn more about our “Becoming a Client” process here. | Fees are assessed and paid quarterly as a percentage of investments under our management. Fees vary based on account size and investment profile and range from 0.50% to 1.15%. | Monthly or quarterly billing. Fee dependent on complexity of planning and pre-determined client service needs and wants. Fees between $250/month and $475/month | The fee is met by any combination of ongoing investment management fees and ongoing financial planning fees. Learn more about how these fees are calculated below* |
Investment Management | N/A – Ongoing investment management is not provided as part of a one-time financial plan. Investment allocation advice is given. Ongoing investment management through HFG can be selected at any time. | Investments custodied by LPL Financial and managed by Haas Financial Group through our Registered Investment Advisor, Great Valley Advisor Group | N/A – Ongoing Financial Planning does not need to include our Ongoing Investment Management services if one wishes to keep investments with other investment institutions or other financial advisors. Within our Ongoing Financial Planning services, high level investment allocation advice is given but the responsibility of implementation and oversight of portfolios does not rest with HFG. | Investments custodied by LPL Financial and managed by Haas Financial Group through our Registered Investment Advisor, Great Valley Advisor Group |
Meeting Schedule | Becoming a Client through Financial Planning typically includes (4) meetings:
| We promise no less than one meeting per year with all investment management clients and remain available for service needs and other one-off planning questions throughout the year. See “Financial Planning Lifecycle” for more details | Quarterly Check-Ins (4):
| Quarterly Check-Ins (4):
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Deliverables | A Personal Plan includes:
| No planned deliverables. | Meeting summaries and supplemental reports:
| Meeting summaries and supplemental reports as needed/desired:
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Service Is Best For | This is a great option if you’re looking for holistic advice around a long-term goal, or if you have specific decisions to make around a life event or work transition. This service is also great for those wrestling with the complexities of retirement. Our deep dive into who you are, why money is important to you and what you’re hoping to accomplish allows us to guide you through big retirement decisions taking you from fix to fine to flourish. | This is a great option for those who have already been through the HFG planning process where financial questions were answered, problems were fixed, and all major parts of your financial life feel “fine.” This service is also appropriate for those who may not have completed a HFG financial plan, but who, upon assessment, do not have significant planning needs based on their current situation. | This is a great option if you’re looking for an ongoing relationship with a financial planner to work through everything from cash flow and proactive tax planning strategies to savings and investment allocation, to insurance/benefits decisions and estate planning documentation and progress review on longer term goals like retirement and saving for college. We’ll be there to provide advice and guidance as things come up and provide accountability along the way. | This is a great option for those who have already been through the HFG planning process, who lead busy lives, or have complex and often changing financial situations and who wish to continue to delegate the responsibilities of keeping track of it all to Certified Financial Planners like us. This is our most complete and highest level of service, combining the ongoing financial planning process with the ongoing management of your investments. In addition to being available as needed, we default to a quarterly meeting cadence which allows us to stay fully engaged in your financial lives, auditing all aspects of your financial plan no less than annually. |
*When ongoing investment management services are provided, and fees exceed $10,000 in annualized fees, then no additional financial planning fees are charged for this combination of services. If ongoing financial planning services are desired and ongoing investment management service fees fall below $10,000 in annualized fees, then an ongoing financial planning fee may be assessed for the time committed to financial planning services throughout the year.
