Our Fees

Roger W. Kadisak and Jake Kadisak are independent, Certified Financial Planner™ professionals who work on a fee-only basis. Kadisak Financial Services, Inc. does not accept commissions, rebates, bonuses, finder’s fees, or other types of compensation based on our recommendations.

(A.) Investment Planning

A personalized Investment Policy is developed based on an analysis of your risk tolerance and your financial goals. This policy is the foundation for decisions concerning your portfolio.

• An Investment Policy must be completed.
• The fee for preparing the Investment Policy is a one-time charge of $350 (non-refundable, paid in advance, negotiable based upon assets under management).
• You may request a meeting to reassess risk and review the Investment Policy; this will be completed for no additional fee.
• Investment Plans that include work for determining stock option elections require an additional fee of $250 (or more if extensive analysis is required).

(B.) Asset Management

Investment management services are based on your Investment Policy.

• The Asset Management fee is an annual retainer of one-percent (1%) of the value of the funds under management with a minimum fee of $1,000 per year.
• The annual fee is divided by four (4) and billed every three (3) months on the ending account values. The fee is automatically deducted from your account(s). New accounts that are terminated before six (6) months have elapsed will be charged for a minimum six-month period.
• For each client, the fee will be adjusted to one-half percent (0.5%) for funds under management exceeding $1,000,000 (i.e., 1% on the first $1,000,000 and 0.5% for amounts over $1,000,000). Irrevocable & Grantor Trusts are considered a separate client.
• The fee (other than the minimum) will be prorated for each account on a daily basis for each deposit or withdrawal of $500 or more.
• Cash positions are treated as an asset class and are included in assets under management for purposes of determining the advisory fee.
• Assets managed in employer retirement savings plans are excluded from all calculations in this section and are billed separately (see Section D).
• Special reduced fees apply to accounts established for children of the client (see Section E for details).

Note: These fees are for advisory services only and do not include any transaction fees or commissions, which may be charged separately by the broker (e.g., Charles Schwab or TD Ameritrade). Also note, mutual funds charge fees that are deducted before you earn the fund’s investment returns. Individual stocks are not managed by Kadisak Financial Services, Inc. and are excluded in reviews and reporting. Kadisak Financial Services, Inc. also holds cash in your account as a strategic asset holding. The above management fee is charged on the total value of the account, including cash, cash equivalents and any individual stocks held in the account. Note that the management fee charged may exceed the investment returns on various funds and the interest and/or dividends paid on the cash balances (or money market funds). Additionally, while assets are maintained in cash, such balance may miss market advances.

(C.) Retirement Planning

Clients who have completed an Investment Plan may elect to have a Retirement Plan completed. This plan analyzes your future financial situation and projects how much you will need to live comfortably in retirement.

• The fee for preparing a Retirement Plan is $750 (negotiable) if elected at the same time as the Investment Plan (Section A), or $1,000 (negotiable) for a stand-alone plan.
• Revisions to the Retirement Plan are $250 per revision (negotiable).

(D.) Employer Retirement Savings Plans Reviews

Kadisak Financial Services, Inc. will review the investment choices in employer retirement savings plans and make recommendations.

The analysis covers reviews and recommendations semi-annually (June & December) and requires the client to provide online access and/or information on the plan.

• A fee is charged for each semi-annual review based on the value of the retirement plan (e.g., 401k, 403b, 457, etc.) account value as follows:
   

• Account values under $100,000 will be billed $250 every six (6) months

• Account values between $100,000 to $500,000 will be billed $500 every six (6) months

• Account values over $500,000 will be billed $750 every six (6) months

• The six-month fee will be divided by two (2) and automatically deducted in arrears from your taxable brokerage account or can be billed on July 1 (for the prior January through June period) and again on January 1 (for July through December of previous year). Note: Fee covers plans with 20 or fewer investment options.  More employer investment options in the plan require extra research time; an additional $250 every six (6) months may be charged.

(E.) Child Account Asset Management

All accounts owned by children (or grandchildren) of current clients will have investments managed with an age-appropriate asset allocation and will be charged at a special rate depending on their age. 

Children aged 17 or younger:

• If the total value of all of a child’s accounts is under $5,000 no fee will be assessed. Note: each child is considered separately.
• When the total value of a child’s accounts reaches $5,000 or more, an annual Asset Management retainer fee of one-half percent (0.5%) of the value of the funds under management will be assessed. No minimum fee will be charged.
• The fee will be divided by four (4) and billed every three (3) months based on the ending account values. The fee will be automatically deduced from the account(s).

Children aged 18 and older:

• They will be considered an independent client under the provisions of the Investment Plan and Asset Management sections of this Fee Schedule (All Sections above) except no minimum fee will be charged.

(F.) Other Consulting

Other financial consulting services such as insurance and estate reviews are available in a personal meeting at a fee of $350 per hour (negotiable).