Our Fee Philosophy
We’ve spent a lot of time thinking about how to structure our fees to make sure they are fair—to both you and us.
Here are our guiding principles for our special needs planning fees:
Fully transparent - Let’s make sure you know exactly how we get paid before you engage with us. We want you to know exactly what you’re paying for.
Fiduciary commitment - Our clients interests come first. Period. From our first phone call to our last meeting.
Value - Our pricing reflects our extensive knowledge and expertise in special needs planning as well as our commitment to maintaining a high-touch communication and guidance standard throughout the planning process. Our goal, is to provide you with the confidence and security, that your plan will help your family and loved one experiencing disability reach your full potential.
Flexible Financial Planning Options: Tailored to Your Family’s Needs
At Palladio Consulting, we offer two flexible fee options to meet the unique needs of families engaged in special needs financial planning.
For families seeking a long-term, proactive partnership in managing their financial and special needs planning, our assets under management (AUM) approach is ideal. This option allows us to provide ongoing, comprehensive support, integrating seamlessly into your family's planning process.
For those needing assistance with one-time or short-term projects, our hourly fee option is a better fit. This approach is tailored for families who require specific guidance or help navigating particular aspects of special needs planning without the need for continuous oversight.
Whether you're looking for a long-term partner or help with a specific issue, Palladio Consulting is here to support your family's unique planning needs.
Assets Under Management (AUM) Fees
Our fee structure is designed to provide value while reflecting the amount of assets we manage on your behalf. We operate on a tiered pricing model, which means different portions of your portfolio are charged at different rates as your assets increase. This approach allows you to benefit from lower fees as your portfolio grows.
Here’s how it works:
1.45% annually on the portion of your portfolio from $0 to $500,000.
1.0% annually on the portion from $500,001 to $1,000,000.
0.85% annually on the portion from $1,000,001 to $3,000,000.
0.65% annually on the portion from $3,000,001 to $5,000,000.
Custom rate for assets over $5,000,000.
With this tiered structure, your overall fee is a blend of these rates, providing you with a cost-effective solution as your investments increase.
What’s Included:
This fee covers comprehensive financial and special needs planning, as well as ongoing investment management and account maintenance. You'll also have a dedicated point of contact for all investment-related questions and guidance.
Exclusions:
We do not charge fees on assets held outside of our custodian, Charles Schwab. This includes ABLE accounts, 529 College Savings Plans, 401(k)s, 403(b)s, pensions, annuities, or other employer-sponsored plans.
Hourly Special Needs Planning
(Hourly planning services will be available until June 31st, 2025)
Project Based Services: For families seeking to check off a specific item(s) on their to-do list, Palladio Consulting offers special needs financial planning services on an hourly basis. The hourly fee for these services is $420.
We’ll work with you to identify areas in your plan that are important to you and assist in the plan coordination, recommendations and construction of the individual’s entire support plan.
Our Special Needs Planning Services:
Review of Planning Goals and Vision
Social Security Benefit Coordination
Age 18 Transition Planning
Medicaid Review: K-Plan (OR), IFS Waiver (WA), EPD and many other Medicaid funded benefits.
Plan Coordination with other professionals (case worker/personal agent, attorney, CPA, advisor)
Residential Living Analysis and Planning
And more!
For families that do not have the luxury of working directly with a financial planner or investment firm, but have questions, typical plans include these financial planning topics:
Review of Planning Goals and Vision
Company Group & Executive Benefits Review and Recommendations
Retirement Planning Projections and Strategy Review
Family Tax Planning: Capital Gains & Income Tax Minimization, Asset Purchase & Sale
Plan Coordination with Attorney & CPA
Comprehensive Insurance Planning Review: Life, Disability, Long Term Care, Medical