InvesTment Management Services
Purtill Financial LLC provides continuing investment management services to more than 150 families and businesses. Such services include:
- Investment analysis of all current investments
- Portfolio management on a non-discretionary basis (all investment decisions are approved by the client in advance)
- Monthly reports with market trends and returns on each investment held
- Comparison of all investments to category benchmarks
- Periodic portfolio rebalancing
- Basic federal, state, and municipal income tax planning and preparation
- Social Security planning
- Wealth optimization recommendations on:
- retirement or pension plans
- 529 college savings plans
- 401(k) plans
- 403(b) plans
- 457 plans
- Stocks, mutual funds, and exchange traded funds
- Roth IRA conversions
- Account transfers and consolidations
We charge an asset-based management fee to our clients so that our compensation for investment management is directly related to their level of assets and investment performance. We accept no fees or other compensation from brokerage firms, insurance companies, or mutual fund companies.
Fees are based on the total value of your portfolio at the end of each quarter and are billed quarterly.
Assets under Management and Assets under Advisement fees are:
|First 0 - $1 million in invested assets||0.80% annually|
|Invested assets in excess of $1 million up to $3 million||0.65% annually|
|Invested assets in excess of $3 million||0.50% annually|
|529 college savings plans||0.40% annually|
It is our goal to keep your costs low to increase your investment returns. Fees can often be deducted from investment accounts held at approved custodians. Clients must provide advance authorization for deduction of advisory fees.
For certain clients with a smaller amount of assets to manage and plans to save for retirement, we charge a flat fee per quarter for investment advisory services only.
Retirement & Financial Planning
We begin every client relationship with a review of all investment assets and income tax returns, which allow us to understand your financial and tax situation and advise you better.
We discuss your retirement objectives or retirement situation, in case you are already retired, and then project your investment asset growth and compare that to your cash flow requirements in retirement.
If you are not yet retired, we will recommend ways to accumulate the necessary savings to support yourself in retirement.
We work with you to analyze your existing financial situation, quantify and prioritize your goals, and project your investment growth and cash flow needs to an advanced age. We can address your needs in terms of determining whether or not your investments, retirement earnings, and other assets will be sufficient to provide you with a comfortable retirement. During retirement, we manage monthly or quarterly retirement deposits, tax payments, and required minimum distributions through our discount broker custodian.
We recommend specific solutions to help you achieve your retirement and other financial goals, such as buying a new home or paying for college expenses for your children.
All NAPFA registered advisors offer comprehensive financial planning services to their clients. Such a review includes your insurance policies, tax planning, debt management, educational funding, and basic estate tax planning issues.
Retirement and financial planning services are included in the Assets under Management and Assets under Advisement fee for Investment Management clients.
Comprehensive financial plans are prepared for new or existing investment management clients as requested by the client.
Special Project Consulting
Our investment management clients receive consulting services from us on numerous financial planning matters, the cost of which is already included in their asset management fee. However, if the time required to research an issue is extensive, then we may charge our Special Project Consulting fee.
Those persons who are not Investment Management clients may also want to take advantage of the Special Project consulting service. For an hourly fee, we can provide attention to your concerns and interests in numerous areas, such as:
- Saving for College
- FAFSA Financial Aid Form Preparation
- Retirement Cash Flow
- Investment Asset Allocation Review
- Roth IRA Conversion
- Review of 401(k), 403(b), or 457 Plan Options
- Review of Early Retirement Offer
- Full or Partial Lump Sum vs. Pension
- IRA Required Minimum Distributions
- Divesting an Annuity or 403(b) Plan
- Any other Financial Matter You Want to Discuss
Special Project Consulting Services are billed at the hourly rate of $300 to work with the firm president and $150 per hour when working with other advisors. Please note that we do not provide investment analysis, portfolio management or financial plans for an hourly rate.
In an initial meeting, we can provide an approximate estimate of time required to consult on a special project, but reserve the right to charge additional fees based on the complexity of the project with client approval.