How We Are Paid

This is a summary. Our complete fee terms are in our Form ADV Part 2A, Item 5, and in your agreement. If anything here differs from the ADV, the ADV controls.

Investment management

Fee: Up to 1.00% per year of assets managed (negotiable)

Billed: Quarterly in arrears. Deducted from your account by Schwab with your written authorization

Financial planning

Fee: $2,500 (negotiable; may be waived)

Billed: 50% when you sign, balance when the plan is delivered

Wealth advisors’ coordination

Fee: $100–$500 per month (negotiable)

Billed: Monthly in arrears, by invoice

Retirement plan (ERISA 3(21)) services

Fee: Up to 1.00% per year of plan assets (negotiable)

Billed: As set in the plan agreement. Usually paid from plan assets through the recordkeeper

Other costs

Custodians may charge transaction fees, and mutual funds and ETFs have their own internal expenses. These are in addition to our fee, and FTPWC receives none of them. Lower fees for comparable services may be available from other sources.

You may end an advisory agreement within five business days of signing without penalty, and at any time after that with written notice.

Other compensation and conflicts

Our advisers also earn insurance and annuity commissions, and FTPWC pays certain credit unions part of its fee for referred clients. See the Insurance & Annuities page and Form ADV Part 2A, Items 5, 10 and 14.