Pioneer Wealth Management Group: Fee Structure

As a fee only wealth management firm we only receive compensation from our clients, businesses or individuals. Our compensation structure is as follows

1. Hourly Fees

    As issues arise that may be small or relatively uncomplicated, the client and planner may determine that an hourly relationship makes the most sense. There is a fee per hour of work by a planner, associate planner, or intern. Fees vary depending on the complexity of the issue and how many members of our team are required.

2. Financial Planning and Retainer

    Most of our individual clients have a financial planning relationship of some sort. This relationship includes the initial development of the financial plan, as discussed in the services section (financial planning), quarterly meetings that serve as reviews to ensure the goals are on track and new issues are addressed in a timely manner, and also covers the time of our wealth management teams through annual periods who are available to answer questions and have additional meetings as needed. Remember, our financial planning fees act as a credit toward the Asset Management fee.

3. Asset Management

    In many situations we manage assets for our clients in accordance with their financial goals and an investment policy developed specifically for each goal based on client needs, risk, and other factors. Under this relationship our compensation is derived from the value of assets that are managed for the client.