Meredith Wealth Planning is a flat-fee financial planning firm. That means that clients pay a consistent flat fee of $6,000 each year for our services. This fee is billed monthly in arrears either from client’s accounts or bank accounts.
The flat annual fee includes discretionary portfolio management, ongoing investment recommendations on accounts that cannot be held under our management, as well as financial planning services. You can read about our investment philosophy here.
Meredith Wealth takes on a fiduciary responsibility when engaging with our clients. We must put our clients interests first when advising on various financial topics. Both Mark & Scott are Certified Financial Planners CFP®
Code of Ethics and Standards of Conduct | CFP Board
Both Mark & Scott have worked in the financial services industry for over 10 years.
Mark Meredith is a Certified Financial Planner CFP®.
Scott Wimmer has earned the right to use the Chartered Financial Analyst® designation and is a Certified Financial Planner CFP®.
CFP Board | Certified Financial Planner Board of Standards, Inc.
A detailed explanation of our investment philosophy can be found on this page.
Meredith Wealth does not have a minimum account size since our firm does not bill clients based on the size of their portfolio. Every situation is unique; however, we are cognizant of the $6,000 annual fee and its impact on a client’s overall financial plan. We encourage anyone interested to schedule an introductory call and we can discuss if we are a good fit.
Before any changes are made to your existing investments, we first analyze the positions in detail and provide an outline of what advice we would recommend should you become a client. We custody client assets at Charles Schwab & Co.
Our flat annual fee of $6,000 is all-encompassing meaning that there is no limit to how many times we meet or talk each year. Generally, we have 2 meetings each year for review of investment performance and financial topics. Some years have more contact due to life events occurring.
Neither Mark nor Scott have any disciplinary actions or complaints against them while serving clients over the years. You can check their backgrounds using the SEC Investment Advisor website.
Financial planning is a difficult term to define. Below are some common examples of services offered and you can check our Case Studies page to get a better feel for how we serve our clients:
• Tax planning
• Investment management
• Social Security analysis
• Estate review
• College funding
• Debt pay down strategies
• Equity compensation