How are we compensated?
Firestone Capital Management is a fee-only firm. We are compensated solely by the fees you pay for portfolio management and our ongoing advice. Because we have no financial ties to insurance companies, banks, brokerages, or proprietary financial products, we are completely independent and objective in our recommendations. We represent you and your interests, only.
Typical annual fees for investments under management:
On the first $1,000,000: 1.00%
On the next $1,000,000: 0.80%
On the next $1,000,000: 0.75%
On the next $2,000,000: 0.70%
Accounts over $5,000,000: Negotiable
Advisory services may be subject to a $250 per quarter minimum.
Fees for financial planning services are based on a current hourly rate of $350. A typical financial plan may cost from $1,000 to $5,000. Fees for plans are based on the level of effort, expertise and time required to complete the work, and will depend on the complexity and scope of the client assignment.