Initial consultations are limited to one hour appointments, with no associated costs or fees. We identify your areas of concerns, share financial planning concepts with you, and propose a financial plan to engage services.
How Acorn Financial Services’ Planners Charge
Financial planners can be paid in a variety of ways, and each has its merits. Choosing the appropriate method depends
on your individual situation. We advocate client-focused solutions regardless of compensation or business model.
Before entering into a relationship with Acorn Financial, you will have a clear understanding of how we will be
compensated.
Compensation: Fee & Commission
A fee is charged for consultations, advice, financial plan preparation, or asset management on an hourly, project or
percentage basis. Commissions are changed for the sale of recommended products (outside of accounts managed by
AFAS) to implement your plan. Compensation may be by fee-only, commission-only, or a combination of fee and
commission.
There are a number of documents you'll need once you engage a financial planner. Be prepared to answer questions regarding your age, current income, hobbies, goals, philosophy on money, groups you belong to, etc.
- Client Profile Questionnaire
- Bank Statements
- List of Assets: Investment account statements, Retirement Account Statements (including a list of available investment options), Social Security Statements, Pension Benefit Statements
- Pay Stubs, List of Employee Benefits, Stock Options
- Titles for Homes, Cars, and other Real Estate, etc.
- List of Liabilities, including credit card balances, mortgage statements, and loan statements
- Wills, Trusts, Healthcare Powers of Attorney, Healthcare Proxy or Other Powers of Attorney
- Life, Disability or Long-term Care Insurance Polices
- Tax Return (most 2 recent years)
- Business Agreements
- Business Liability, Director, or Officer Insurance Policies