| Ellenbecker Investment Group, Inc. Fees and Services Our process begins with a one hour complimentary consultation. At this meeting we take the time to determine what is important to you. We look at the big picture such as your current financial situation, your family circumstances, your unique needs, goals and life dreams. Any information you share with us is always held in confidence. We take the time in order to save you time. At this meeting we jointly determine which services will benefit you and then we connect you with the partners who will assist us in helping you meet your goals. We actively coordinate these ongoing services to keep you on track. Each professional you consult with will discuss fees prior to implementation so you can be confident that there will be no surprise or hidden fees. Our commitment to you is to complete the process from the initial meeting through the implementation of the plan. Proper plan implementation and follow up is crucial to reaching your personal and financial goals. We welcome the opportunity to assist our clients through the planning process; in fact, we consider this one of the most valuable services we provide. Schedule of Consulting Fees The following schedules are a guideline. Because all clients are unique, we evaluate each situation individually so you may find that you fall somewhere in-between these phases. After our first meeting we will be in a position to give you a specific range for our planning services. • Accumulation Phase -This phase includes basic plans that are for the young to middle age investor or family. Generally we evaluate estate planning documents; benefits provided through your employer such as disability, life insurance, qualified retirement plans and section 125 plans; IRAs; general investments; beneficiary designations; college planning; mortgages; credit reports; and budgeting. We will take the time to understand what matters to you most. With your input we will organize and develop a plan that will help you understand where you are today and what you will need to do to meet your objectives. During this phase you will receive an organized, detailed and personal summary of how your financial plan is currently structured and a recommended strategy. The fee for this type of plan ranges from $500 to $2,000. • Distribution Phase - This planning level is for the individual or family that is planning for, approaching or just entering retirement years. This phase generally is more complicated and requires more extensive research. Often it includes ownership in a business or real property. Just as in the accumulation phase, we begin by reviewing your estate plan, life insurance, long term care, employer benefits, budgeting to better understand your future income needs, Social Security benefits, stock options, IRAs, general investments, retirement plans, mortgage versus no mortgage, understanding your credit report, living legacies such as college funding for grandchildren, comprehensive distribution planning and the tax implications on drawing from the different sources of income that are available. With your input we organize your assets and develop a strategy that will meet your income needs in retirement. We help you transition from the accumulation phase of your life to the distribution phase. In this phase of life many investors have shifted their concept of risk from market risk to the risk of running out of money. We help you achieve a clearer vision of your retirement “picture” as you transition into the retirement stage of your life. During this phase you will receive an organized, detailed and personal summary of how your financial plan is currently structured and a recommended strategy. The fee for this type of plan ranges from $1,200 to $3,500. • Legacy Planning - These are generally one time planning events such as, planning for a disabled child or grandchild, divorce, setting up a charitable gifting program, death of a spouse or a second opinion on a current investment plan. The fees for this type of plan range upward from $500 with no specific limit.
• Hourly - Fees for various projects
such as funding trusts, division of assets, changing beneficiaries
or re-titling of assets are billed at our hourly rate of $150
to $250 for professional work and $75 for paraprofessional. Our Investment Advisory Service includes the management of assets incorporating equities, individual bonds and mutual funds. Our annual fee is based on the assets we manage for you as follows:
Our qualified and detailed operations department will provide full operational support. They will facilitate and follow up on requests, open new accounts, transfer assets, complete paperwork and identify any other services as needed. Depending on the level of our relationship we are ready to provide the following services: •
Personalized asset allocation and updates. Partnerships Our services are a “one-stop” resource center connecting our clients to quality, well established, trusted professionals who enhance our ability to organize your personal and financial lives. Finding the right professional can be a formidable task which can hinder the progress of your plan. That is why we take the time to determine the best partners for your unique situation. Our partners include:
• Attorneys Why
are we different from other financial advisory or brokerage
firms and what can you expect?
How do I get started? Call 262.691.3200
to set up an appointment. We will meet with you to help you
determine where you are now. |
