Firm Size
Services Offered
- Financial Planning
- Portfolio Management for Individuals & Small Businesses
- Portfolio Management for Businesses or Institutional Clients
- Selection of Others Advisors
- Publication of Periodicals or Newsletters
- Educational Seminars & Workshops
Types of Clients
- Individuals (Not High Net Worth)
- Pension & Profit Sharing Plans
- Charitable Organizations
- Corporations or Other Businesses Not Listed Above
Available Fee Structures
- Percentage of Assets Under Management (AUM)
- Hourly
- Fixed Fees (Other than subscription)
Plan Financial Overview
PLAN FINANCIAL is a registered investment advisory firm based in Fresno, CA. The firm was established in 2018 and offers fee-only financial planning services to individuals and small businesses. At PLAN FINANCIAL, clients can expect a comprehensive approach to financial planning, with portfolio management services tailored to meet their unique needs. In addition to its core offerings, PLAN FINANCIAL also provides portfolio management services to businesses and institutional clients. This means that the firm can help manage investments for corporations, nonprofit organizations, and other entities that need guidance in managing their finances. What sets PLAN FINANCIAL apart is its commitment to education. The firm publishes regular newsletters and periodicals that provide valuable insights and tips on managing investments and reaching financial goals. PLAN FINANCIAL also hosts educational seminars and workshops to help clients stay up-to-date on important financial developments and best practices. Overall, PLAN FINANCIAL is an insurance broker and agent that provides a wide range of investment advice and management services, with a strong focus on education and client engagement. By partnering with PLAN FINANCIAL, clients can expect to receive personalized guidance and support to help navigate the complex world of finance and investing.
PLAN FINANCIAL serves a diverse range of clients across various sectors and industries. The firm caters to individuals seeking comprehensive financial planning, investment advice, and retirement solutions. Additionally, they assist pension and profit sharing plans with investment management, compliance, and fee analysis. They specialize in aiding charitable organizations in creating and managing investment portfolios that align with their mission and values. PLAN FINANCIAL also serves other corporation types not listed, offering customized services to meet each client's unique needs and goals. Regarding fee structures, PLAN FINANCIAL excels in flexibility, providing multiple fee options depending on the service provided. Clients can opt for a percentage of the assets under management, giving them a sense of transparency and control over their investment costs. Alternatively, hourly rates are available for specific financial planning and consulting services. This allows clients to pay for only the services they require, ensuring their investment in financial management is both efficient and cost-effective. Finally, fixed fees may be available for comprehensive financial planning and retirement services. These fees will be determined based on the complexity of the client's financial situation, the scope of services required, and other variables. Regardless of the service provided, PLAN FINANCIAL prioritizes transparency and open communication regarding fees, ensuring clients understand and approve of their investment in financial management.
Typical Clients, Fee Structures & Investment Minimum
According to the note about investment minimums in PLAN FINANCIAL's Part 2 Brochure, the firm requires a minimum initial investment of $250,000 for their Standard Investment Advisory Services. For their Managed Accounts and Custom Allocation Services, a higher minimum initial investment of $750,000 is generally required to open an account.
How This Office Can Help Fresno County, CA Residents
Plan Financial Inc assists clients in Fresno County, CA by providing comprehensive financial planning and investment management services. The company's experienced financial professionals work with individuals and families to understand their unique financial goals and develop customized plans to help them achieve those goals. From retirement planning and investment management to tax planning and estate planning, Plan Financial Inc provides a full range of financial services to clients in Fresno County, CA. Many residents of Fresno County, CA face financial challenges such as fluctuating incomes, high living expenses, and insufficient retirement savings. Plan Financial Inc assists these individuals by offering personalized financial planning and investment management services that can help them achieve financial stability and security. The company's team of experts is dedicated to helping clients navigate complex financial situations and make informed decisions that can help them achieve their financial goals.
Services Offered by Plan Financial
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Plan Financial most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Unavailable
Subscription (Newsletter or Periodical)
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Types of Clients
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Plan Financial is registered to service clients in the following states:
- California
Disciplinary History
Plan Financial does not have any disclosures. Please visit it's Form ADV for more details.