Services and Fees

FINANCIAL PLANNING

  • We will help you define your financial goals and objectives, and develop a Personal Financial Plan to help accomplish those goals. We can either prepare a comprehensive plan for you, or we can address specific planning needs. Comprehensive planning typically includes planning for retirement, children's educations, income taxes, life, disability and Long Term Care Insurance and investment/portfolio management. If needed, we can consult with a tax accountant and estate-planning attorney when we prepare your financial plan.
  • Financial planning services are billed at $200.00 per hour. We will estimate the number of hours required to complete your plan before we begin. If you have $500,000 or more in assets under management with us through Schwab Institutional (described below), we will provide financial planning services at no additional fee.  
     

ASSET MANAGEMENT

  • Irving Planning & Investments, Ltd. is registered as an investment advisor. Our firm provides investment advice and portfolio management. We invest client assets primarily through Schwab Institutional, a division of Charles Schwab & Company. We typically meet with clients quarterly to review portfolio performance and investment objectives. Our minimum account size for our fee based investment advice is $100,000 and our fees are based on a percentage of assets under management as follows:

Account Size

Quarterly         

Annually

Client assets up to $200,000;

  .2875%

  1.15%

Client assets between $200,001 and $400,000;

  .2125%

  .85%

Client assets between $400,001 and $1,000,000; 

  .1250%

  .50%

Client assets of $1,000,001 and greater

  .1125%

  .45%

  • Portfolios consisting of 100% Fixed Income investments pay .50% annually or .1250% quarterly.
     
  • Client assets, for purposes of computing the above fee, shall include the combined assets of the accounts of spouses and their children living in the same household. In the instance of multiple accounts the fee shall be paid from one or more accounts as designated by the client.


INSURANCE SERVICES

  • We are licensed insurance agents and represent numerous insurance companies for life, and disability income insurance. We focus on finding the best solutions for your insurance needs.
     
  • Michael J. Irving is a Certified Financial Planner™ and a Chartered Life Underwriter, and has a Bachelor's degree from the University of Northern Colorado. He has worked in the Financial Services industry since 1981.
     
  • Jason Irving has a Bachelor's Degree from University of Colorado at Denver and has worked in the Financial Services industry since 2008.
     
  • Schwab Institutional and Charles Schwab & Company are separate entities.