When it comes to financial planning, one of the most common areas of uncertainty is understanding the services provided and the fees involved. At Envision Retirement Solutions, we believe transparency is key to building trust and creating meaningful client relationships. Knowing exactly what you’re paying for and how we’re compensated is an important step in ensuring your confidence in the planning process.
In this article, we’ll answer some of the most frequently asked questions about Envision Retirement Solutions financial planning services and fees. From understanding how we are compensated to exploring the value we aim to provide, we’ll give you the information you need to make an informed decision about your financial planning journey.
1. What Services Does Envision Retirement Solutions Provide?
Envision Retirement Solutions offers a broad range of financial planning services designed to address the unique needs of pre-retirees and retirees. Our offerings include:
- Retirement Income Planning: Crafting strategies to generate reliable income in retirement.
- Investment Management: Helping manage and grow your portfolio in line with your goals.
- Tax Planning: Identifying tax-efficient strategies to minimize liabilities.
- Estate and Legacy Planning: Simplifying the transfer of assets and protecting your wishes.
- Long-Term Care and Life Insurance Planning: Preparing for unexpected needs and protecting your loved ones.
Our services are designed to adapt to your changing financial needs, ensuring that you have a plan that grows with you.
2. How Does Envision Retirement Solutions Get Paid?
Understanding fees is an essential part of working with any financial professional. At Envision Retirement Solutions, we provide two primary fee structures depending on the service:
- Insurance Products: When recommending insurance-based solutions, such as annuities or life insurance, we are compensated directly by the insurance company. This cost is included in the product’s structure, meaning your entire investment is applied toward the solution you select.
- Investment Management: For managed portfolios or securities-based solutions, we charge an annual asset management fee. This fee is a percentage of the assets we manage on your behalf, aligning our success with your portfolio’s performance.
We believe in full transparency, so our fees are clearly explained during your initial consultation, allowing you to understand how our compensation works before making any decisions.
3. How Does Envision Provide Value?
Financial planning is not a one-size-fits-all solution, and the value you receive is directly tied to the personalized strategies we create to meet your specific goals. Our approach focuses on:
- Tailoring solutions to address your individual needs and objectives.
- Providing education and tools to help you make informed decisions.
- Offering strategies designed to address risks such as longevity, market volatility, and taxes.
- Maintaining regular communication and updates to ensure your plan remains relevant.
We aim to provide ongoing support and proactive planning that aligns with your vision for retirement.
4. What Are the Most Common Misconceptions About Financial Planning Fees?
One of the biggest misconceptions is that financial planning services are prohibitively expensive or only for the wealthy. At Envision Retirement Solutions, we work with individuals from all financial backgrounds, and our fee structures are designed to reflect the value of the solutions we provide.
Another misconception is that financial advisors “take a cut” from your investment. For our investment management services, the fee is a transparent percentage of your portfolio’s value, and it’s our job to ensure that the strategies we recommend align with your goals.
5. Why Choose Envision Retirement Solutions for Your Financial Planning?
At Envision Retirement Solutions, our focus is on creating a relationship built on trust, education, and collaboration. As fiduciaries, we are committed to putting your interests first, and our transparent fee structures mean you always understand what you’re paying for.
Our goal is to provide guidance that helps you navigate the complexities of retirement, from income generation to legacy planning, so you can make informed decisions with confidence.
Are You Ready to Plan the Retirement You Envision?
Understanding financial planning services and fees doesn’t have to be complicated. By providing clarity around the services we offer and how we are compensated, Envision Retirement Solutions empowers you to take control of your financial future. Whether you’re seeking to build a retirement income plan, address tax concerns, or explore investment opportunities, our team is here to provide guidance every step of the way.
Reach out today to learn more about our financial planning services and how we can help you create a strategy tailored to your unique goals.
