Building Wealth by combining
Personal Finance + Intentional Design
Intentionality within personal finance can mean different things to different people. For some, it's simply being more conscious about where their money is going. For others, it's being more strategic and calculated in their steps towards wealth accumulation. We are here to help you regardless of your intentions.
At Lucid Wealth Planning, you'll have access to our client portal from your PC or mobile device at any time, see your progress and tasks on a daily basis, and receive real-time recommendations to help bring intentionality to every financial decision.
Fee-Only:
No Commissions, Referral Fees, or Sales Pitch
At Lucid Wealth, you call the shots. By aligning our success with your success, we’re ensuring you receive unbiased, honest financial advice that is never influenced by commissions or referral fees.
Fiduciary Service
Our firm is built to provide you with sound financial planning under a Fiduciary oath. We aren’t making money on the side at the expense of giving you the best advice possible. Instead, what you pay is what we make - and nothing more. Your best interest is our best interest.
No Hidden Agendas
Trusting a financial advisor is trusting an individual with the fate of your financial future. Be sure you’re putting that trust in a firm that views you as a unique individual with pressing financial concerns, not just another net worth used to build their business.
Building Wealth With Specialized Focus in...
Net Worth Analysis
Evaluation of all assets and liabilities. This analysis is the best representation of your financial wellness
Tax Planning
We help to minimize current and future income taxes as a part of your overall financial planning picture.
Cash Flow Planning
Review of income, expenses, tax liability, and current debt holdings to prioritize how surplus should be used.
Employee Benefits Review
We'll analysis and review your options, helping you to maximize the benefits available.
Insurance Review
Review of existing policies to ensure proper coverage for life, health, disability, long-term care, liability, home, and automobile insurance.
Student Loan Analysis
Strategic planning for debt repayment, IDR and PSLF review, maximizing forgiveness, and/or evaluating consolidation and other refinancing options.
Retirement Planning
Retirement planning for those accumulating assets, preparing for the retirement transition, and currently in retirement.
Estate Plan Review
Analysis of your current estate plan, which may include whether you have a will, powers of attorney, trusts, and other related documents.
Day-to-Day Inquiries
Examples include purchasing a new home or large purchases, financial considerations of getting married, and paying down debt.
(All Planning is CUSTOMIZED TO YOUR NEEDS)
Our Fee Schedule
Financial Planning
(No Minimum Balance or Net Worth Requirements)
~ FEE RANGE~
Initial Planning: $995 -$1495
Annual Fee: $1,800 - $3,240/yr
This service is personalized to your unique circumstances, goals, and objectives. Comprehensive Financial Planning does not include investment management.
Client enrolled in Comprehensive Financial Planning gain access to investment management services at the following discounted fee schedule:
Investment Management Preferred Rate**
$1 - $500,000 = 0.30%
* The fee range is based on complexity, considering factors such as income, proximity to retirement, number of household members, number of long-term debt obligations, real estate holdings, estate plan considerations, employer retirement plan balances, insurance policies, and other incentive compensation.
**Preferred rate applies to clients engaged in ongoing financial planning. For example, an account valued at $100,000 would pay a fee of 0.30% resulting in an annual fee of $300. The quarterly fee calculation would be: $100,000 x 0.30% = $300 / 4 = $75
Wealth Management
(Minimum Investment Balance of $500,000)
~FEE RANGE~
First $500,000 = 0.95%
$500,001 - $1,000,000 = 0.70%
$1,000,001 - $2,000,000 = 0.40%
$2,000,000+ = 0.30%
Our Wealth Management service combines comprehensive financial planning with investment management under one simple billing structure. The minimum investment balance requirement is $500,000.
* For example, investable assets valued at $1,000,000 would pay a fee of 0.825%, resulting in an annual fee of $8,250. The quarterly fee calculation would be: (($500,000 x 0.95%) + ($500,000 x 0.70%) = $8,250) / 4 = $2,062.50
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