Our Process
Dream
When you start the financial planning process with us, you can expect a thoughtful and collaborative experience designed around you. During the onboarding process, we’ll work together closely to map out and prioritize your goals for the future, while also getting a clear picture of where you are today.
We take the time to listen and understand your unique circumstances, values, and dreams.
Build
Your advisor will then carefully explore options and consider different paths forward, always keeping your best interests at heart. We craft a personalized financial plan that reflects your priorities and provides a clear roadmap for your next steps.
We present your plan and talk through everything together, making sure you feel comfortable, informed, and empowered as you make decisions.
Grow
As life unfolds, we’ll be right by your side—helping you put your plan into action, charting progress, and making adjustments as needed. It is our job to make sure that changes in your life translate in changes to your plan.
Our goal is to ensure you always feel supported and confident about your financial future.
What We Offer
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Entrusting someone with your financial future is deeply personal. That’s why we’re committed to providing clarity every step of the way. We want you to feel comfortable in your financial journey, especially when it comes to the financial planning process.
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As a fiduciary, Sparrow Wealth is committed to your best interests. We do not receive commissions, referral fees, or any form of third-party compensation, and we do not operate under sales quotas. This means that our recommendations are driven by your goals, free from conflicts of interest.
Fees
In comparison to other financial advisors, you may notice that we have separated the cost of asset management and financial planning. This is for dual purposes: so we can work with clients who wish to do one or the other, and also so that we can reduce potential conflicts of interest that may arise in a traditional fee structure.
Planning & Fiduciary
Onboarding Fee: There is an onboarding fee of between $1,500-$2,500, depending on the complexity of your financial picture.
Ongoing Planning Fee: We charge a fixed monthly fee ranging from $350 to $450, based on the scope of your ongoing needs.
Investment Management
Our investment management fees are based on a percentage of assets under management:
|
Assets Under Management |
Annual Advisory Fee |
|
Up to $2,500,000 |
0.80% |
|
$2,500,001 – $5,000,000 |
0.70% |
|
$5,000,001 – $10,000,000 |
0.50% |
|
Above $10,000,000 |
0.25% |
Fee Example: For $3,000,000 under management, we charge 0.80% on the first $2,500,000 and 0.70% on the next $500,000.