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What makes you different from every other advisor?
Meredith Wealth Planning intends to stay small by design. Rather than trying to constantly grow the bottom line and focus solely on earnings growth, I’d rather be an outstanding financial planner to a small group of families.
In the St. Louis Metro-East area there are very few fee-only fiduciary advisors, and I am not aware of any others that place a cap on the annual fee a client can pay. While the industry standard is to pay 1% a year of assets under management, there is not materially more work involved with a $2 million client as opposed to a $1 million client, yet the larger clients pays much more.
At Meredith Wealth Planning, we utilize a flat annual retainer fee for all clients with over $750,000 in assets.
How long have you been a financial advisor?
I started in 2010 at the ripe age of 22. In 2014 I fulfilled the requirements to become a CERTIFIED FINANCIAL PLANNER™ professional.
Can we meet virtually?
Yes. We intend on having virtual meetings for those that do not reside locally, and for some with very hectic schedules where time does not permit them to come into the office.
Will you research stocks for me?
No. Meredith Wealth Planning believes markets are very efficient at pricing securities and trying to find needles in a haystack is not a good long-term strategy.
Do you have a minimum?
Meredith Wealth Planning has a minimum annual fee of $1,800 (as well as a maximum annual of $6,750). Any exceptions to this minimum will be evaluated on a case by case basis.
We believe that every advisor has a capacity on the number of clients they can work with.