Fee Detail

Financial Planning

Since financial advising is individually tailored, costs depend on you and your planning needs. Typically, there is no charge for a portion of the first introductory meeting. After an initial review of your circumstances, a fee range for your advising will be provided. Typical fee ranges are:

Financial Blueprint $3,200 - $4,500
Portfolio Evaluation $2,200 - $3,500
  with Socially Responsible Analysis $2,500 - $3,000
  with Prudent Investor Act Analysis $3,000 - $5,500
Hourly Conference Time $200 - $300 per hour

Within four months after the completion of a financial blueprint, if you decide to become a portfolio management client, a portion of your advisory fees will be absorbed into your first year's portfolio management fee.

Portfolio Management

Silver Oak will manage your investments on a non-discretionary basis for an annual fee based on the size of your portfolio. Here is a comparison of our fees with other alternatives:

Average Annual Costs
Silver Oak
No-Load Mutual Funds
Wrap Account
C-Share Mutual Funds
 Mutual Fund Admin Expense
0.20%2
1.23%2
---1
2.17%4
 Mutual Fund Brokerage Costs
0.08%2
0.92%2
---1
0.92%2
 Transaction Costs (Schwab)
0.12%3
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 Investment Advisor Fee
0.95%
---
2.50%1
---
 Total
1.35%
2.15%
2.50%
3.09%

What Silver Oak Advisory Group provides for .95%

  1. Varies from 1.50% to 3.00%, and brokerage costs may be on top or included.
  2. Assumes 60% equities, 40% bonds; broadly diversified. Source: Morningstar fund averages. Silver Oak uses index and asset class mutual funds.
  3. Estimate of first year costs; costs thereafter are usually lower.
  4. Based on average C-Share statistics for a multi-cap growth fund. Additional sales charges may apply. Source: American Funds

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