What it costs, and what you get for it.
We charge for planning. We charge for management. You pay for what we deliver, and the math is visible.
Two free calls, before any money changes hands.
15-Minute Checkup
FreeNo cost, no obligation. A quick fit-check, not an advice session. We confirm whether what we do matches what you need, and if so, schedule the Full Picture, a free hour on your whole situation.
The Full Picture
Free · 60 minNo cost, no obligation. An hour on your whole situation, with both spouses or partners if applicable. We identify specific exposures and put rough numbers on what may be at stake, so you can decide whether the Plan makes sense. No recommendations on this call. That is what the Plan is for.
The Wealth Plan
If there’s a fitIf we agree there’s a fit, the next step is the Plan. If we don’t, the two calls cost you nothing but the time.
Financial planning and investment management are priced separately. Every relationship ordinarily starts with the Plan, and it can stand on its own. The other two are there if you want to keep going.
The BFA Wealth Plan
$5,000 flatbuilt to deliver within 30 days of kickoffA planning engagement, designed for delivery within 30 days of kickoff, for tech and biotech professionals facing or about to face a major equity or career event. The plan belongs to you, and you can implement it however you choose.
- Kickoff call to map your situation, goals, and what’s on your horizon
- Document review across your full financial picture
- Equity compensation analysis: RSUs, ISOs, NSOs, ESPP, restricted stock
- Tax projection for this year and the years ahead
- Investment policy and allocation review
- Protection review across insurance, beneficiaries, and estate gaps to flag for your attorney
- Concentration and diversification analysis
- Prioritized action list, organized so you can see what to do and when
- Plan presentation meeting, and a written plan delivered as a designed PDF you keep
Tax projections are planning estimates based on current law and the information you share. BFA is not a CPA firm or a law firm, and we don’t prepare tax returns. Whoever prepares your return decides how anything is reported on it, and we coordinate with them.
Due at signing, and fully refundable until 30 days after delivery. See the Plan Promise below. We schedule your kickoff call promptly, normally within 15 days. The timeline depends on how quickly we receive your documents. The Plan fee is separate and is not credited against Wealth Management fees. A completed plan is not monitored or updated after delivery unless you engage Plan Ongoing or Wealth Management. Implementation, ongoing access, and transaction execution are covered by the two engagements that follow.
Plan Ongoing
$2,500 / yearbilled monthly in advance ($208.33)For clients who completed the Plan and want ongoing access as a sounding board, without becoming Wealth Management clients.
- Annual plan refresh as your situation, equity, and goals change
- Two scheduled check-in calls per year
- Email access, plus a secure client portal for documents
Wealth Management
1.00% / year or lessasset-based from $500,000Planning, investment management, and an ongoing relationship as one engagement. It begins after the Plan is delivered. The fee is tiered and steps down as assets grow, from 1.00% to 0.70%. The full schedule is below. You give BFA limited trading authority to carry out your investment policy, so you do not need to approve each trade in advance. Your assets stay at Charles Schwab in your name. We never hold your money.
- We manage your investments and serve as your ongoing sounding board
- Ongoing planning included, with no separate Plan Ongoing charge
- We coordinate with your CPA and estate attorney
Under $500,000: a flat $5,000 a year retainer, billed monthly ($416.67) and deducted from your account. It includes ongoing planning, and accounts are reviewed at least quarterly. On smaller accounts this can be more than 2% of assets a year, and lower fees for similar services may be available elsewhere.
Wealth Management fee schedule
| Investable assets | Annual fee on that tier |
|---|---|
| First $2,500,000 | 1.00% |
| $2,500,000 – $3,500,000 | 0.95% |
| $3,500,000 – $4,500,000 | 0.90% |
| $4,500,000 – $5,000,000 | 0.85% |
| $5,000,000 – $10,000,000 | 0.80% |
| Above $10,000,000 | 0.70% |
The tiered fee starts at $500,000 of investable assets.
Each rate applies only to the assets in that tier, not your whole balance, and household accounts are combined. Fees are billed monthly in advance on the prior month-end value and deducted from your Schwab account under your written authorization. Planning fees are invoiced. If you end the relationship, unearned fees are refunded pro rata.
Table of Fees for Services. The same fees on one page, in the form Massachusetts requires: Table of Fees for Services (PDF).
BFA Wealth Management is paid only by its clients, through the planning and asset management fees shown on this page. No commissions on investment products. No insurance sales. Mateo Dellovo also holds a Florida real estate license and owns real estate businesses outside BFA. Those activities, and the conflicts they can create, are described in our Form ADV.
The Plan Promise
Change your mind before we deliver your plan, and we refund the full fee. After delivery, you still have 30 days. Tell us in writing that you want a refund, for any reason, and we refund the full fee. You keep the plan.
This promise is about the fee only. It is not a guarantee of any financial or investment result.
Every engagement starts the same way. Fifteen free minutes, no obligation, and you’ll know if this is right for you.
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