Flat Fee Financial Advisor
(No AUM Fees)
A flat fee financial advisor charges a fixed annual or monthly fee instead of a percentage of your investments (assets under management, or AUM). This approach provides transparent pricing and can significantly reduce long-term costs compared to traditional advisors who charge around 1% of assets.
What Is a Flat Fee Financial Advisor?
A flat fee financial advisor provides comprehensive financial planning and investment management for a fixed cost rather than charging a percentage of your portfolio.
Instead of paying more as your investments grow, your fee remains consistent and predictable.
This structure allows for:
Transparent pricing
Fewer conflicts of interest
A focus on advice, not asset gathering
Who Is a Flat Fee Advisor Best For?
A flat fee financial advisor may be a good fit for:
High-income individuals and families
Investors with $300k–$2M+ in assets
Professionals with equity compensation (RSUs, ESPPs)
People looking for tax-efficient investment strategies
Those who want transparent, predictable pricing
How Flames Financial Planning Works
At Flames Financial Planning, we operate on a flat annual fee rather than charging a percentage of your investments.
Our goal is to provide:
Clear, transparent pricing
Proactive financial guidance
Fully integrated planning across investments, taxes, and estate considerations
We work with individuals and families across the United States, with many clients based in Minnesota.
Flat Fee vs 1% AUM Advisors
Traditional financial advisors often charge around 1% of assets under management (AUM). While that may sound small, the cost can grow significantly over time.
For example:
$500,000 portfolio → ~$5,000 per year
$1,000,000 portfolio → ~$10,000 per year
$2,000,000 portfolio → ~$20,000 per year
With a flat fee advisor, your cost does not increase as your portfolio grows.
This can lead to substantial long-term savings while still receiving comprehensive financial guidance.
What Services Are Included?
Flat fee financial planning can include:
Investment management
Financial planning
Tax planning and coordination
Estate planning guidance
Retirement planning
Ongoing advice and strategy
At Flames Financial Planning, everything is designed to work together so your financial life is fully coordinated.
Is a Flat Fee Financial Advisor Worth It?
For many investors, a flat fee structure can be more cost-effective over time—especially as assets grow.
However, the right approach depends on your specific situation, goals, and preferences.
The most important factor is working with an advisor who provides clear guidance, thoughtful planning, and a structure that aligns with your long-term interests.
Want to see if a flat fee approach makes sense for you?
We offer conversations to help you evaluate your current strategy and determine whether a flat fee structure aligns with your goals.