It is important that clients understand the cost of products and services obtained through any advisor.   At Rumley Financial Services, our financial planning services are billed on a project or time basis ($250 per hour billed by the tenth of an hour) after the initial client consultation determines the scope of any planning project. 

Many investment products’ fees are set by prospectus (such as variable annuities and mutual funds). Asset management/advisory fees are generally charged on a sliding scale up to maximum of 1.50% for households with less than $50,000 under management and lower for larger household amounts. Depending upon the type of account opened, these fees either significantly reduce or eliminate trading costs associated with buys and sells of various securities.  In advisory retirement accounts standard IRA/Roth annual maintenance fees ($43.50 per account) are waived. Commission based retirement accounts incur the standard maintenance fee. There is a nominal charge ($1.50) for mailing of hard copy trade confirmations, but no charge for delivery by email.  

Life, annuity and long term care insurance commissions are built into the cost structure of these products and paid directly by the insurance general agent out of contract premiums.

Please inquire if you have specific questions about any fees or costs associated with advisory or investment services provided by us.  We want to be as transparent as possible, so your questions are always welcome.

Feel free to give us a call at 907.222.RUMM (7866) or email at patrick.rumley@rumleyis.com to schedule an appointment.