Money on the Mind can work with you in one of two ways:
Focused Planning
This service is designed for nurses who want either:
– A comprehensive roadmap they can implement themselves
OR
– To strategize on one or more aspects of their financial lives through hourly planning
* Focused planning includes a detailed analysis of the areas in question and a custom action plan
Cost: $350 per hour
Ongoing Comprehensive Planning
and Investment Management
Designed for nurses who want a long-term thinking partner as they take charge of their finances and live their ideal life.
INCLUDES:
– Vision and values clarification
– Getting organized, customized comprehensive planning and ongoing support
– Semi-annual meetings to keep you aligned with your goals and make adjustments as life happens and plans change
– Ad-hoc meetings to address issues or concerns as they come up
– Investment management
Cost:
Based on assets managed by Money on the Mind
| Assets Under Management | Annual Advisory Fee |
|---|---|
| $0 – $1,000,000 | 1.00% |
| $1,000,001 – $3,000,000 | 0.50% |
| $3,000,001 and Above | 0.10% |
With a minimum annual fee of $3,000 for individuals and $5,000 for couples. Annual fees are paid quarterly. The minimum fee is based on Money on the Mind’s hourly rate of $350. If we spend less than the requisite number of hours in the quarter, the fee will be adjusted down.
