It’s important that your financial planner is someone you can trust. At August Financial Consulting, we don’t nickel and dime. Instead, we offer transparent and flexible fee structures to fit your needs.
Focused on Getting to Know You & Your Goals First
Before we ever request payment from you, we have a conversation about your needs, your current financial outlook and your financial goals. We’ll also discuss how we can help you and the fees associated with our services. With us, you’ll never have to wonder what a fee or charge is for—we explain it all from the start.
When it comes to the cost element of the business, it’s important to us that we have a solid understanding of your goals and the task at hand. We also want the fee structure to work for you and for us. There are two avenues to consider: Fee-based or transactional.
- Fee-based: With a fee-based approach, we set a fee based upon a predetermined scope of planning work. Or, we use an asset-based fee structured to “pay” for financial planning along with providing discounted or no-load trading. For further details refer to NewEdge Advisors Form ADV Part III/Form CRS which we will provide in our first meeting or upon request.
- Transactional: Commissions are based on the size and dollar amount of a trade. We also charge fixed trading fees. Our standard commission rates are negotiable. These costs can vary with the investment and position sizes. For further details refer to NewEdge Securities Form CRS and Service Fee Schedule which we will provide in our first meeting or upon request.
The fee structure that’s right for you will depend on the suite of financial planning and management services you need to reach your goals. Before we begin our work, we’ll discuss your options to help you decide which fee structure makes the most sense for you.