Services & Fees
How We Work
We strongly believe that the most value a client receives from their advisor comes from the combination of financial planning & investment management. Because of this, we require clients to be engaged in financial planning so that we can be confident we are providing the highest level of service and best possible asset management to every individual and family we serve. Though financial planning is a service that comes with a cost, we waive our planning fee for investment management clients as described below.
Financial Planning Fee
Our Approach to Fees: Simple, Transparent, and Fair
- First Year Onboarding — $3,600 (or $900 quarterly)
For most families, this includes retirement planning, cash flow & asset allocation oversight, education planning, estate plan review, general tax efficiency guidance, and insurance/risk review. We meet regularly to keep your plan on track. We provide high-level investment analysis and strategy guidance, but ongoing portfolio management and specific trade recommendations/execution are only included when assets are managed directly through our firm. - Ongoing Planning — starting at $5,000/year (or $1,250 quarterly)
For clients who do not meet our minimum amount invested to have the planning fee waived, we will continue the same planning services at $5,000 annually. For clients who wish to have ongoing financial planning without us managing investments, we can discuss a custom fee schedule if we agree it is appropriate for the client to manage assets in accordance with the plan. - Fee Waiver
If the investments we manage for you meet our thresholds, the planning fee is waived.
You’ll always know the cost before moving forward.
Planning Fee Waiver
As the investments we're managing for a client grow, we waive planning fees.
$250k+ Assets – $1,800 onboarding / $2,500 annual planning fee after assets are invested
$500k+ Assets – No onboarding or annual planning fee after assets are invested
A financial planning agreement must be signed, even if the service is being included at no cost. Assets must be in an advisory program, and there must be a reasonable expectation that managed assets will stay above the required amount for the waiver. Certain limitations and exclusions may apply at the discretion of Bergenn Financial Group.
Standard Portfolio Fees
Diversified Model Portfolios
We build and manage custom portfolios using ETFs, stocks, bonds, and other securities to create broad diversification across asset classes. Each portfolio is aligned with your goals, risk tolerance, time horizon, and tax efficiency needs.
Our approach centers on strategic allocation based on your goals, with occasional tactical adjustments when appropriate. Portfolios can also be tailored to your individual preferences, unique circumstances, or existing holdings.
Client Fee
Up to $1MM 1.000%
$1MM - $2MM 0.900%
$1MM - $3MM 0.800%
$3MM - $5MM 0.700%
$5MM - $10MM 0.600%
$10MM - $20MM 0.500%
Above $20MM 0.400%
Tactically Traded Portfolios
For clients with appropriate tolerance and capacity for risk, we offer portfolios constructed with the goal of increasing alpha.
These portfolios are traded more frequently and are less likely to track standard benchmarks. This approach sometimes includes alternative asset classes.
Client Fee
Up to $1MM 1.500%
$1MM - $2MM 1.350%
$2MM - $3MM 1.200%
$3MM - $5MM 1.050%
$5MM - $10MM 0.900%
$10MM - $20MM 0.750%
Above $20MM 0.600%
Preservation Only Accounts
For accounts clients open with the only goal being preservation managed in one of our preservation model portfolios, we charge a lower fee. The goal of these accounts is to preserve invested capital with minimal price fluctuation, keep up with inflation, and outperform a money market or high-yield savings account. These models are monitored but not traded frequently.
Client Fee
Up to $5MM 0.500%
Above $5MM 0.400%
Investment Minimums
Although we don't have any strict investment minimums, we generally only work with clients who have the financial means to achieve their goals and who we believe will most benefit from our service model. We will discuss this openly with anyone interested, and we will gladly refer to another advisor or firm if we believe we are not the best fit. Learn more about who we serve.