Our Fee Structure

Reserve a Consult
Financial Planning:

Below you’ll find five different criteria in which Colorado Wealth Group generates revenue for our firm and its advisors. We pride ourselves on being competitively priced while delivering massive value in our process and performance. Initial consults are always complimentary, and you will not be billed until you choose your path of engagement with us.

  • 1. Financial Planning

    The creation of a Financial Plan is where the large majority of our new clients begin. Financial Planning is billed on a flat-fee basis. Upon review and synthesis of your objectives and data, we determine what your up-front fee will be in order for us to complete your comprehensive plan. We bill this fee over two payments: 50% upon execution of your planning agreement and 50% upon delivery of your Financial Plan. Our firmwide minimum planning fee is $3,500, while the average in 2020 was $4,900. The more complex your situation, such as business ownership or multiple real estate properties, the higher likelihood your fee will be more than the average. If you choose to enroll in our Financial Plan Maintenance Program, your ongoing fee will be 10% of the original, billed every six months. This will correspond to a meeting with your Advisor for maximum plan accountability, increasing your chance of success. 

    Example Financial Planning Timeline & Fee Breakdown:

    Day 1: Client conducts initial consult with Wealth Advisor

    Days 2-7: Client uploads all relevant data to secure Vault

    Days 7-13: CWG analyzes all data and creates a Financial Planning proposal

    Day 14: Wealth Advisor conducts proposal meeting with Client. If client accepts, agreement is signed and first ½ of planning fee is due. We accept most forms of payment. Plan is now in development phase.

    Day 42: Financial Planning delivery meeting (typically 4-6 weeks from engagement). Second ½ of planning fee is due and plan is delivered.

    ~6 months later: Accountability meeting with Wealth Advisor to check progress. 10% of original fee is billed automatically.

    ~12 months later: Financial “Planniversary” meeting with Wealth Advisor to review your updated plan. 10% of original fee is billed automatically. This bi-annual accountability and update meeting schedule continues until the Plan Maintenance agreement is terminated.

  • 2. Investment Management

    Simply put, our fee for managing investments is 1% per year, or less. The management fee is billed monthly based on the average daily account balance the prior month. The table below illustrates that for total household balances over $2,000,000, a discounting effect begins to take place. For instance, the first $2,000,000 per household is charged 1%, followed by 0.80% on the next $2,000,000, and so on.

    Billable Household Balance Total Annual Rate
    $ 100,000 to $ 2,000,000 1.00 %
    $ 2,000,000 to $ 4,000,000 0.80 %
    $ 4,000,000 to $ 6,000,000 0.60 %
    $ 6,000,000 to $ 8,000,000 0.40 %
    $ 8,000,000+     0.20 %

    CWG has two portfolio options: they are called Beta and Alpha

    Beta portfolios are centered around high-quality Exchange Traded Funds (ETF) where the main intention is to hit goals-based objectives. While ETFs are built on indexing and higher market correlation, we use a dynamically allocated approach that allows for optimal performance. All Beta portfolios are billed based on our typical fee schedule of 1% per year (plus internal costs of ETFs, which tend to be very inexpensive). While our minimum total household size for investment management is $100,000, Beta accounts have a lower minimum investment per account. For example, a new client may have two $50,000 Beta accounts in order to meet the $100,000 household minimum. 

    Alpha is our more advanced, stock-centric portfolio strategy designed for maximum long-term performance. Alpha portfolios are also billed at 1% per year, billed monthly, however there are additional costs for program access.  Instead of paying for costly internal expenses for mutual funds, we prefer to us a third-party financial services institution called Envestnet for creation of a Unified Managed Account. This gives us the capability to build customized strategies with high end features such as tax overlay, sustainability screening, capital gain and loss management, and access to the best separate account managers in the investment landscape. The fees for this program are based on account size and complexity, and range from 0.25%-0.50% per year, billed quarterly from each account directly from Envestnet. Therefore, the total cost for an Alpha account will be 1.25-1.50% per year. The Alpha account minimum is $100,000.

  • 3. Consulting

    CWG and our Advisors have the ability to enter into a consulting agreement for whatever purposes necessary. For clients that are not ready to pursue a Financial Plan, or utilize our other services, we can enter into a consulting engagement. Our Advisor’s maximum hourly rate is $300 per hour; however, rates may vary based on the Advisor or CWG associate with whom you choose to engage.

  • 4. Insurance Solutions

    Often times at the culmination of a Financial Plan, a client chooses to pursue the acquisition of life insurance, fixed annuity, disability insurance, or long-term care insurance. We are licensed professionals and maintain broker relationships with many of the top insurance companies in the U.S. Our clients that choose to hire us for insurance solutions do not pay a separate fee to do so. The insurance company will pay a commission to us as your broker in order to help you acquire and then service that policy over the long-term. Commonly, a life, disability, or long-term care policy will pay a commission equal to 100% of first year premiums but spread out over a 10-year period. For instance, if your policy costs $1,000 per year, CWG will earn $1,000 over the next 10 years. A fixed annuity commission varies based on account size, company, client age, etc.

  • 5. Retirement Plans & Trust Company Referrals

    CWG works with many small to medium-sized businesses, specifically on their small group benefits and 401(k) plans. Through Principal, a top 401(k) provider, we aid in the administration of the plan, and for the assistance in those services, we are paid a fee from the plan on a quarterly basis. This fee can range from 0.10% - 0.50% per year depending on the size of the plan. 

    Every so often, we may need to refer a complicated trust case to a Trust Company. We have agreements with many of these Trust Companies to pay us an ongoing referral fee for such an arrangement and serve as a “co-advisor” on such accounts. In most circumstances, this referral fee is no more than 0.55% per year.