Services & Pricing

Financial Planning and Life Decisions

Financial and life decisions can be challenging to navigate. It helps to have an objective partner along the way. Does this sound like you? You are making a good income, but can’t decide if it’s better to save for a down payment or pay off your student loans. You want to travel, but also save for retirement. We act as a sounding board, coach, and thinking partner to help you with your money and life decisions. 

Investment Management

We partner with you to create an investment plan that aligns with your life. We provide full-service investment management from immediate to future goals; and everything in between. We meet periodically throughout the year to make sure performance and rebalancing happen as they should. 

Tax Preparation

Lakeside Planning provides tax preparation services for our clients. Investment management and financial planning is informed by taxes in so many ways. By providing tax services, we get a better understand of your complete financial picture and allow you to keep your financial services consolidated to one firm.

We will utilize the services of a third party accounting, bookkeeping, and tax preparation firm to facilitate the preparation and filing of your tax return and we will work with you and the third party in order to gather the necessary information as part of this service.

Our Process

30-minute consultation to assess your current financial situation and walk you through our financial planning process.

60-minute Initial Discovery Meeting via video conferencing, where we talk more in-depth about your personal financial goals and prioritize the most pressing financial concerns.

60-minute Recommendations Meeting, which includes:

  • An easy-to-understand summary of your current net worth, goals, action items, and more.
  • Recommendations in the following areas: savings targets, debt repayment, investment goals, retirement planning, insurance, estate planning, and tax planning.
  • An asset allocation for your current 401(k) or work retirement plan.
  • A recommendation of the credit card that fits your needs based on your spending.
  • If necessary, connections via email to experts in our network (CPAs, estate planning attorneys, insurance agents).

Two 60-minute check-in meetings per year after initial on-boarding to check your progress and navigate major life events.

Available for you to reach out via email any time as your situation changes.

Recommendations to other professionals in our network such as estate planning attorneys, CPAs, and insurance agents.

Our annual fee for Ongoing Comprehensive Financial Planning & Investment Management is 0.50% of total household net worth with a $3,000 annual minimum. This combined service consists of an ongoing fee that is paid quarterly, in arrears. Lakeside Planning offers a 90-day money back guarantee.

Pricing Examples

Example 1: A client with a net worth of $750,000 would pay an annual fee of $4,900 (0.5% of 750,000 + 0.15% of $750,000 = $4,875 - then rounded to the nearest $100).

Example 2: A single client with a net worth of $3,000,000 would pay an annual fee of $19,500 (0.5% of 3,000,000 + 0.15% of $3,000,000).

Example 3: A married couple with a net worth of $2,000,000 would pay an annual fee of $13,000 (0.5% of 2,000,000 + 0.15% of $2,000,000).

{ Net Worth is calculated as follows: Assets (including personal property not specifically held for investment purposes and including private businesses) - Liabilities = Net worth used for calculation. Net worth is determined once per calendar year at our annual meeting. The Betterment fee of 0.15% was added to the calculations above. }