Facet Wealth pricing centers on a mix of flat annual fees and asset based components, with variability by client needs and account size. The cost question typically hinges on service scope, asset level, and whether planning is bundled with ongoing investment management. This guide presents clear dollar ranges and practical cost drivers for U S readers seeking a transparent estimate of facet wealth price.
Facet Wealth cost and price vary by client profile, with common drivers including assets under management A M and the extent of financial planning support. The figures below reflect typical U S pricing and are intended to help buyers budget accurately.
| Item | Low | Average | High | Notes |
|---|---|---|---|---|
| Flat annual planning fee | $3,000 | $6,000 | $9,000 | Basic to comprehensive planning with quarterly updates |
| Asset based advisory fee | $0 | 0.25% | 0.75% | Typically applies if investment management is included |
| Minimum annual fee | $3,500 | $5,500 | $12,000 | Remember to count both planning and management if both are used |
| Onboarding or setup | $0 | $1,500 | $3,000 | Occasional initial planning kickoff or data transfer |
| Additional services | $0 | $1,000 | $3,000 | Estate planning, tax planning, or specialized advice |
Overview Of Costs
The total annual cost for Facet Wealth typically ranges from roughly four thousand dollars to twelve thousand dollars, depending on whether the client chooses only planning services or a combined package that includes ongoing investment management. For many households, the combined model translates to a blended rate around five to eight thousand dollars per year, with higher tier plans pushing toward the upper end. When estimating, buyers should account for both the fixed planning fee and any ongoing asset based charges.
Cost Breakdown
| Materials | Labor | Equipment | Permits | Delivery/Disposal | Warranty | Overhead | Taxes |
|---|---|---|---|---|---|---|---|
| Documents and planning templates | Consultations | Digital platforms | Not typically required | None | Not applicable | Administrative | State taxes where applicable |
| Client data import and setup | Initial meeting | Secure portals | — | — | — | Tech and admin | Local rates apply |
What Drives Price
Pricing hinges on whether planning is standalone or paired with ongoing portfolio management. The main levers are the flat planning fee, the annual asset based rate if investment management is included, and any minimum annual commitments. A higher asset base or more complex planning needs can push costs toward the top of the typical range. The service mix and client location also influence pricing due to regional market norms and regulatory requirements.
Ways To Save
Consider a bundled package that combines financial planning with investment management to lock in a lower blended rate versus purchasing services separately. Another saver path is selecting a plan with a capped annual fee rather than uncapped percentage based charges, which can be more predictable for budgeting. Regularly review scope to avoid paying for unused add ons while ensuring essential planning needs are met.
Regional Price Differences
Prices vary by region and urban density. In major metropolitan areas the flat planning fee and minimum commitments can be higher, while rural markets may offer lower baseline pricing. A typical regional delta ranges from 5 to 20 percent depending on city size, cost of living, and local professional competition. For example, a big city plan might sit near the high end while suburban or rural arrangements cluster closer to the average.
Labor & Installation Time
Time commitments influence the cost. Initial setup often spans 4 to 8 hours of professional time, spread across onboarding calls, data gathering, and plan creation. Ongoing support may involve 1 to 2 hours per quarter for updates and reviews. If a client requests frequent updates or complex scenario modeling, the time and thus the price increase accordingly. For budgeting, assume higher hours for larger households with multiple financial goals.
Additional & Hidden Costs
Watch for add ons beyond the core plan. Some packages may bill separately for specialized services such as tax optimization, estate planning coordination, or trust administration. Onboarding only clients might encounter a modest setup charge. Infrequent price adjustments can occur with changes to regulatory fees or platform enhancements, but these are not common annual surcharges.
Real World Pricing Examples
Three scenario cards illustrate typical setups.
Basic scenario: Planning only, assets under management not included. Assets under management negligible or not applicable. Onboard in month one with a plan delivered within 2 weeks. Hours: 6 for setup, 2 per quarter for updates. Fees: flat planning $3,000, minor admin $500. Total first year around $3,500 to $4,500 depending on optional add ons.
Mid range scenario: Planning plus investment management for a modest portfolio. Flat planning $5,000 plus asset based fee 0.25% to 0.35%. Estimated portfolio value 400k to 800k. Year one total around $6,500 to $14,000 with higher end driven by larger assets and more frequent planning touchpoints.
Premium scenario: Comprehensive financial planning, tax coordination, and full investment management. Flat planning $8,000 to $9,000 plus asset based 0.50% to 0.75%. Portfolios above 1 million push costs into the upper range. Year one total often lands near $15,000 or more depending on complexity and goals.
Assumptions: region, specs, labor hours.