Financial Planning Services
Process and Pricing
Clearwater and Tampa Bay Florida
Honest and Straightforward Financial Planning Services Process & Pricing
All Dolphin Financial Group prospective clients go through the same process before becoming a client.
This is to ensure consistency and accuracy of our service. Our process also allows you to learn more about what we offer and how we operate before making a decision to enter the relationship.
FINANCIAL PLANNING SERVICES
Our Process
1. Introductory Conversation
The purpose of this intro meeting (online or face-to-face) is to understand your financial situation, what problems you are facing, and if we can help. We will obtain enough information to then craft a high-level vision of how we can assist, which we present in the next meeting. Sometimes this first meeting will result in an answer to you which doesn’t warrant a second meeting.
There is no charge for this meeting.
2. Proposed Solution Meeting
The purpose of this meeting is to provide you with a high-level solution or action plan based on the initial meeting. This allows you to see our vision of working with you to help with your financial situation. We discuss the planning work to be completed, explore what it would be like to work together, review the costs of working with us, and answer questions you have about our process and costs.
There is no charge for this meeting.
3. First “Client” Meeting
At this point your questions about process and costs are answered and you have agreed to become a client. In this first meeting as a client, you will be presented with the specific details of the plan and begin the implementation process. We will make sure that we know which direction we are headed in together and begin our long-term collaborative relationship toward a successful retirement.
DOLPHIN FINANCIAL GROUP SERVICE FEES
Our Pricing (Cost to Hire Us)
Fixed Cost Financial Planning:
We offer a one-time fixed price for a planning project to meet your needs. These projects are customized based on your situation. A typical project is the development of a comprehensive financial plan to implement on your own.
Fixed Price:
Minimum $500. Price given before engagement. Typical cost for a one-time comprehensive financial plan = $3,000.
Ongoing Advice Cost (Assets Under Management or AUM):
We offer our clients on-going financial planning guidance for a flat cost. The cost is a flat percentage charged based on the total assets under advisement. There are no additional planning costs for clients under this type of agreement charged by Dolphin Financial Group. There may be fees associated with underlying investments or products that you own (such as an ETF fund manager expense).
Our pricing based on assets managed is shown in this table:
| Assets Valuation | Dolphin Price as a Percent |
|---|---|
| $0 - $1,000,000 | 1.00% |
| $1,000,001 - $2,000,000 | .85% |
| $2,000,001 - $3,000,000 | .60% |
| Over $3,000,000 | .50% |
