Q: What does fee-only mean?
A: We are fee-only, meaning our compensation comes directly from our clients. We do not sell any products and we do not make any commissions.
Q: Who do you use as a custodian?
A: We are an independent RIA and we have access to funds that retail investors wouldn’t have access to on their own. We have selected to use Charles Schwab as the custodian for our client’s accounts. Clients receive a consolidated monthly report that includes updated information on all of their investments directly from Charles Schwab. Additionally, clients receive market commentary insights, account performance data & invoices from BFPCC each quarter.
Q: Is there a minimum amount required to invest?
A: We are currently accepting new clients with a minimum of $500,000 of investable assets. If you are not quite there yet, we do offer an annual retainer fee of $5K until your assets reach the minimum.