Hummingbird Wealth Management recognizes that your needs change over time. IN order to meet those changing needs, we have developed service offerings that meet those needs. No matter what your stage in life, we are here to help you create your roadmap to success.
Subscription Model
The Subscription Model could be best for you if you have little or no investment experience but recognize that you have a need for help with planning for goals such as college savings, vacations, home purchases, or budgeting.
Your Financial Journey may include:
- Young and Single
- Beginning a new career and need help budgeting
- Moving out on your own
- Want to have enough money to do the things you enjoy but still be able to save
- Getting Started
- Getting married
- Starting new career
- Starting your own business
- Saving for first home
- Purchasing a new car
- Life With Young Children
- Family Expenses
- Protecting Family from loss of income
Planning areas may include:
- Debt Management and Use of Debt
- Budgeting and Saving
- Retirement Planning and Investing
- Goal Based Planning
Services under the Subscription Model, depending on your planning needs, will include:
- In Depth Needs Assessment Planning Session
- Goal planning (college savings, vacation, home purchase, retirement)
- Budgeting
- Debt Reduction Planning
- Savings and Investment Planning
- Risk Assessment
- Estate Planning Assessment
- Allocation recommendations on active retirement plans
- Quarterly Plan and Goals Review
- Ongoing access to advisor
- Client Portal with account aggregation
Cost: $250 initial fee and $100/month
Comprehensive Planning Model
Often, getting older comes with career advancement, higher income, increased assets and family needs. Lives become more complex. In addition to the suite of services outlined in the Subscription Model, the Comprehensive Model provides services designed to address your more complex needs.
Your Financial Journey may include:
- Life with Older Children
- Changing Careers
- Paying off mortgage
- Interested in making a large purchase (vacation home, new car)
- College Spending
- Wedding Spending
- Want to have enough money to do the things you enjoy
- Your Time
- Managing income for bills with enough money left over to do the things you enjoy
- Spoiling the grandchildren
- Giving back
- Relaxing
- Learning a new skill
Planning areas may include:
- Detailed Retirement and goal planning
- Investment Strategies
- Estate Planning
- Tax Management Planning
- Income Security
- Transition Planning
- Legacy Planning and Charitable Giving
- Medicare and Social Security Benefits
- Long Term Care planning
Services under the Comprehensive Planning Model Include:
- In Depth Needs Assessment Planning Session
- Goal planning (college savings, vacation, home purchase, retirement)
- Comprehensive Financial Plan
- Quarterly Performance Reporting
- Investment portfolio management
- Referrals to other professionals as needed.
- Risk Assessment
- Estate Planning Assessment
- Allocation recommendations on active retirement plans
- Ongoing access to advisor
- Client Portal with account aggregation
Cost: Fees determined by investment relationship, however the minimum annual fee is $1,200.
Single Comprehensive Financial Plan
Comprehensive, professional financial planning is the cornerstone of planning for a better life. Just as every successful business has a solid business plan, financially successful people use financial plans to organize, coordinate, and fulfill their financial objectives and life goals; it is one of the best investments you can make in your future. Though we feel that financial success is best achieved through an ongoing relationship between an advisor and client, we do offer hourly services.
Your Financial Journey may include:
- You already have an advisor, but would like to have a second opinion.
- Your assets are "tied up" in an employer retirement plan and you want to ensure you are on track to succeed.
- You are a "do-it-yourselfer" and would like a second set of eyes on your overall plan.
Services under the Comprehensive Planning Model include:
- In Depth Needs Assessment Planning Session
- Comprehensive Financial Plan
- Referrals to other professionals as needed
- Risk Assessment
- Estate Planning Assessment
- Goal Based Planning (college, vacation, home purchase, retirement)
- Allocation recommendations on active retirement plans
Cost: $200/hour. The minimum for the initial consultation and comprehensive financial plan is $3,500 which includes up to 20 hours of support and planning. Any support after that will be charged at a rate of $200/hour. A retainer of $2,000 is collected at the start of engagement.
