For whom this service is best
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✓ You prefer to delegate
✓ You want guidance on many different topics as they come up
✓ You'd like to spend less time managing your finances
✓ You want continuing support from a trusted guide
✓ You are ready for comprehensive financial planning + investment management
Because we charge a flat annual fee, our service is generally the most cost-effective for those with investable assets in excess of $1,500,000. For investable asset sizes less than $1,500,000, the traditional percent of assets under management fee used by most other advisors may be more cost effective
We generally don't work with people whose net worth is approaching $18,000,000, as that level of wealth is more likely to lead to higher levels of financial complexity that are beyond the scope of the fee we typically charge.
What it costs
For a couple: A flat annual fee, typically $15,000* per year
For an individual: A flat annual fee, typically $13,200* per year
Unlike many advisors, our ongoing fee is not tied to the amount of your investable assets. The size of your investment accounts is a poor gauge of the complexity of your financial life and therefore a poor gauge of the amount of time and resources necessary to provide you proper planning and advice.
It's our intention that your annual fee will be the amount shown above, assuming it's appropriate for your financial circumstances. However, the more your financial profile differs from the profile of our typical client summarized above, a different level of fee may be appropriate. Your final fee will be agreed upon prior to entering a formal relationship with us.
Your annual fee is expected to increase over time with inflation, as measured by CPI-U
On a quarterly basis, fees will be deducted directly from your investment accounts under our management at Charles Schwab or Altruist, or you have your fees deducted from your checking account.
* The fee may be higher if you are a business owner, have a highly structured legal estate, own private or illiquid investments, own multiple rental properties or otherwise have a lot of complexity in your financial life. We will quote you the final fee after having an introductory call
Next step
If you feel Sonas Financial may be a good fit for what you're looking for in an advisory relationship and you're interested in working with Bradley Hilton as your advisor, please click below to:
About You
This service is best for anyone in or within a few years of retirement who's looking for a trusted fiduciary partner to help with ongoing financial, tax and investment decisions throughout the distribution stage of their life. We generally only work with people who are in or near traditional retirement...stopping work in their mid-50s or older. We are not experts in helping people in the F.I.R.E. (Financial Independence, Retire Early) process of leaving the workforce younger than in their 50s.
Our typical client profile:
55 or older
Single or married
Children, if any, are independent young adults or adults
Retired or within a couple of years of retiring
Still working, self-employed, or business owner (business owner’s are ok, too, but our fee may increase due to complexity)
Will have Social Security and maybe a pension
Owns a home, maybe also a vacation property and potentially one residential rental property
Doesn't own any private investments such as hedge funds, private equity funds, partnership interests, private loans, commercial land, etc.
Doesn't have citizenship outside of the U.S., and doesn't own any foreign investments, accounts or real estate
Has investable assets between $1,500,000 to $14,000,000
Has a net worth less than $18,000,000
Ongoing services may be the best fit if:
✓ You are looking for ongoing planning AND management of investments (i.e. not just an hourly engagement or one-time financial plan, and not just ongoing planning WITHOUT management of investments)
✓ You prefer to delegate
✓ You want guidance on many different topics as they come up
✓ You'd like to spend less time managing your finances
✓ You want continuing support from a trusted guide
✓ You are generally trusting and trustworthy (understanding that trust is earned, not given)
Does this sound like you?
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You are planning for your retirement or are already retired. You have a host of decisions that need to be made. Retirement isn’t an age and doesn’t have to do with your workload. Instead, retirement is a state of being financially independent and free to do whatever YOU want to do.
We help you achieve a successful retirement via developing detailed wealth projections and spending plans, designing practical distribution strategies, and ensuring your tax, estate, and insurance plans are fully coordinated and optimized.
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You are a person in a unique position unto itself. You are a small to medium-size business owner. Your business and personal planning are integrated, whether you like it or not.
Is your business doing enough to help you create more personal wealth? Are there synergies that may help? The path to success can be narrow and difficult to find, but sound financial planning for the business owner will help lead to growth and success over the long term.
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You work for a public or private organization and have unique benefits and planning opportunities such as student loan management, asset protection, or even building or acquiring a practice.
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(also known as Balancers)
You’re in the middle of your life and loving it. Life is going 100 miles per hour and you are trying to keep the balance between work, friends, family, community, and everything else coming your way.
You may have a lot of questions around saving for retirement, college planning, maximizing employer compensation plans, protecting what you’ve worked so hard to build, to name a few. We can provide experienced financial guidance to help you live your life on your terms, collaborating with your accountant, insurance agent, and other professionals every step of the way.
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You recently underwent or are about to undergo a significant life change such as a professional transition, death of a loved one, divorce, remarriage, or inheritance. You need help navigating next steps. We will be there to support you and help you come out on the other side with financial clarity and stability. Part of our work together is educating clients on the new areas within finance and investments particular to their new or expected situation.
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You have experienced a windfall event. One of the biggest mistakes we see as financial advisors is how people mishandle sudden wealth. You need an experienced team to help guide you with your found wealth. We at Sonas FP provide the overall guidance necessary to help you bring clarity, understanding, and intention to your new reality.
