Fee Comparison

At Altruist Financial Advisors LLC (“Altruist”), we believe that everybody should have access to the best possible financial advice at a reasonable cost.

We are so confident that you will be satisfied with our service that we guarantee it. If you are not absolutely pleased with the value we have provided, we will refund your enrollment fee.[1]

Commission-based investment advisors charge little or no fees initially, but may charge commissions of as high as 50% or more for each subsequent investment. At Altruist, we charge a very reasonable flat fee up front for our ALTRUIST^® Financial Planning Services. In addition, you won’t be paying exorbitant commissions either now or on an ongoing basis. By avoiding commissions, we believe that you will end up with better, more objective advice at a lower overall cost.

The cost of a financial plan can vary considerably, so it is important to compare. Here’s an example of what you can expect from Altruist and from a typical competitor for a financial plan and assets under management of $2,000,000.[2]

	Other Investment Advisory Services	Altruist Financial Advisors LLC
Cost of Financial Advice and Plan	FREE to $2,500	$1,350 to $1,950[3]
Cost of Investment Advisory Fees[4] Paid to Advisor	$20,000 to $50,000 1% to 2.5%[5]	$12,000 0.7% for 1st $1M, 0.34% for 2nd $1M, 0.20% for 3rd through 5th $1M; Minimum of $12,000/yr
or[6]	or	or
Cost of Mutual Fund Commissions Paid to Advisor	$60,000 to $125,000 3% to 6.25%[7]	n/a
plus[8]	plus	plus
Annual cost of 12b-1 fees paid to Advisor	$5,000 to $20,000 0.25% to 1.00%[9]	n/a
Total Cost: First Year	$20,000 to $127,500	$13,350[10] to $13,950[11]
Total Cost: First Three Years	$64,298 to $174,497	$37,350[12] to $37,950

ALTRUIST^® Financial Planning prices (subject to change)

ALTRUIST^® Comprehensive Financial Plan:	$2,950
ALTRUIST^® Investing Plan:	$1,350

ALTRUIST^® Portfolio Management Service prices (subject to change)

First $1,000,000 of assets under mngmnt:	0.7% per year (0.175% per qtr)
Next $1,000,000:	0.34% per year (0.085% per qtr)
Next $3,000,000:	0.20% per year (0.05% per qtr)
Next $5,000,000	0.13% per year (0.0325% per qtr)
Next $10,000,000	0.09% per year (0.0225% per qtr)
Subsequent Amounts	0.07% per year (0.0175% per qtr)

Note that the above fees for the ALTRUIST^® Portfolio Management Service are subject to an annual minimum of $12,000.

[1] Offer good for 12 months after enrollment for ALTRUIST^® Comprehensive Financial Plan and for the six previous months of fees for the ALTRUIST^® Portfolio Management Service.
[2] Assume portfolio grows by 7% per year.
[3] Assumes ALTRUIST^® Portfolio Management Service is purchased in conjunction with ALTRUIST^® Comprehensive Financial Plan, resulting in a $1,000 credit.
[4] Fee-only financial advisors generally charge a percentage of assets under management to manage a portfolio.
[5] Annual investment advisory fee ranges.
[6] As shown, a person seeking financial planning advice will typically pay either a mutual fund sales commission (a.k.a., “load”) or an annual investment advisory fee for portfolio management. Financial Planning is often either sold as a separate service or included free by commission-based planners. Those free financial plans usually are not very comprehensive in scope and commissions on subsequent investments are high, as shown in the table.
[7] Front-end load ranges.
[8] As shown, a person paying a mutual fund sales commission will also typically pay an annual 12b-1 fee.
[9] 12b-1 fee ranges.
[10] Assumes ALTRUIST^® Investing Plan Service and ALTRUIST^® Portfolio Management Service are purchased.
[11] Assumes ALTRUIST^® Comprehensive Financial Plan and ALTRUIST^® Portfolio Management Service are purchased, which includes a $1,000 credit.
[12] Assumes ALTRUIST^® Investing Plan Service and ALTRUIST^® Portfolio Management Service are purchased. Altruist amounts assume no-load mutual fund investments.