Services

Our focus is on holistic financial life planning and sustainable wealth management, which includes investment management, but much more. We get to know our clients first – who they are, their dreams for the future, what may be holding them back, and how they measure and reach for meaning in their lives. Within this lens, we answer our clients’ questions, ask some they may not have considered, and help them integrate their money lives into the bigger picture. We work with individuals and families, as well as with nonprofit organizations looking for ESG options for their investments.
Detailed services and fees are listed below.

When Can I Retire?

Whether you call it by the traditional term “retirement,” “your 2.5 or encore life,” or – as they joyously say in Spain – “jubilación,” most of us foresee a day in our future when we will want to or will need to stop working in our primary profession. What that next stage will look like differs for everyone, but our job is to help you get there, whatever your primary concerns. Read more.

Saving for Education, a House, Travel

Whether it’s a new house, a long-desired trip, college tuition, or some other major goal, Chicory Wealth can help you envision that goal as part of the larger landscape of your life. Part of the holistic financial life planning process is helping you focus in on your goals and why they are important, then developing strategies for reaching them. Read more

What is holistic financial life planning?

Money is an integral part of our society; we need a certain amount of it for survival. But beyond that it’s sometimes hard to know how much is “enough,” and it can be hard to keep money in its proper perspective in our lives. At Chicory Wealth, we offer holistic financial life planning to help you integrate money into the total tapestry of your life and your community. Read more.

Financial Planning for Millennials and other Younger Clients

The answer to when to start financial life planning is, of course, that it’s never too early. But different stages of life call for different types and levels of service. Those early in a profession may be new to the financial decisions that come along with it and need a guide through the maze. And people who start out earlier rather than later will be better prepared for what comes along down the road. Chicory Wealth has services for millennials all the way through every stage of life – that’s why it’s called financial life planning. Read More

Socially Responsible Investing

SRI, or Socially Responsible Investing is an investment strategy that seeks to consider both the financial return and the social good for change the investment will support. Read more.

Environmental Social Governance

ESG (Environmental, Social, Governance) has sparked a lot of interest with investors and financial markets in the past year or two, though it has been around since at least 2006 with the publication of “Who Cares Wins” by the International Finance Corporation. Ten years ago, even the most socially conscious values investors hesitated to jump on the ESG bandwagon, but times have changed. But what exactly is ESG investing, and why the new enthusiasm? Read more.

Shareholder Advocacy

If you own stocks in a corporation, you can influence the management of the corporation in such areas as the environment, human rights, and democratic principles by voting for or against shareholder resolutions. Read More.

Fee Only Financial Planner

What is a fee only financial planner? Or a fiduciary registered investment advisor? And for that matter, what is the difference between a financial advisor, a financial plannerfinancial planning and financial wealth management? It’s no wonder people get confused about these terms – there are many, and they’re sometimes used interchangeably. But there are differences between the terms, and we want you to understand them and be clear how Chicory Wealth uses them. Read More

Standard Fees

Our emphasis is holistic, financial life planning, for which we charge a flat fee, depending on the complexity of the client’s situation. Our minimum fee for this planning is $3500 per year. The fee for the second year and following will depend on the complexity of the client’s financial situation. We analyze insurance needs as part of the financial planning process, but we do not take commissions for insurance or any other products. Also, reach out to ask about our special financial planning option for people under 35.

Separate from the financial planning fee, we charge asset management fees per the schedule below. Except for very rare instances, we do not take on asset management clients without first doing financial planning.

TOTAL ASSETS UNDER MANAGEMENT

  • $0 – $250,000                   1.50%
  • $250,001 – $500,000        1.25%
  • $500,001 – $1,000,000     1.00%
  • $1,000,001 – $3,000,000  0.75%
  • $3,000,001 and up            0.50%

 

WHAT TO EXPECT FROM A RELATIONSHIP WITH US

In the initial meetings with you, we gather information and learn about each other. We discuss the past, the present, and the future, determine goals and priorities, and clarify resources – quantifiable and those that are more intangible. From these discovery meetings we develop a financial life plan tailored to you and make recommendations with specific suggestions as to how best to bring these recommendations to your life. Every situation is unique, so there is no standard scenario, but generally we hold two to four meetings with you in the first year, and fewer in following years. Meetings can be face-to-face or virtual. We are always available by phone and email in between meetings.