Our Services

Our Services

Avea Financial Planning offers retirement, tax & estate planning, investment management and ongoing financial advice for people nearing and in retirement, especially employees of Pacific Northwest National Laboratory.

Our clients find tremendous value in bringing their financial life under one roof so they can focus on those things that matter most.

Discovery, Goals and Values

  • Identifying and prioritizing goals and what's important to you
  • Creating a timeline for important milestones
  • Key document organization, storage and management
  • Discussions around health and wellness goals

Tax Planning

  • Estimating your current year tax liability
  • Preparing your individual federal tax return
  • Bracket management for current & future years
  • Pros and cons of impactful tax events such as Roth conversions, Widow's penalty, Required Minimum Distributions, Qualified Charitable Distributions, NUA, moving to a different state, etc.

Investment Management

  • Low-cost, globally diversified, uncomplicated portfolios
  • Tax-sensitive portfolio to manage taxes
  • Attention to asset location
  • Tax loss and gain harvesting
  • Rebalancing strategies
  • Low-cost share classes
  • Account transition support
  • Performance reporting

Retirement Income Planning

  • Retirement planning and projections
  • Pension and Social Security optimization
  • Tax-efficient retirement distribution planning
  • Debt and cash flow management
  • Monitoring Net Worth

Estate Planning and Insurance

  • Estate planning document and beneficiary review
  • Insurance & benefits review
  • Long term care insurance analysis
  • Medicare supplement support and review 
  • Digital estate planning
  • Charitable giving
  • Legacy planning
  • Assisting family members with personal finances

Ongoing Plan Monitoring

  • Continual monitoring and updating of your comprehensive financial plan through 3 regularly scheduled meetings
  • Review progress toward your financial goals

Service Calendar

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Who is a typical Avea Financial Planning client?

With 16 years of experience in professional wealth management, I have developed expertise in helping a specific type of client.

  • You or your partner is retired or within a couple of years of retiring.
  • You, your partner (or both!) work at and plan to retire from PNNL.  We also work with retirees who are not PNNL employees.
  • You want a high touch, personalized wealth management experience.
  • Be eager to refer us to anyone you know who fits our profile.
  • You are a financial delegator so you can spend time doing more meaningful things in your life
  • You appreciate having one advisor coordinate all financial things related to you.
  • You want to be a “big fish” within our select client community limited to 25 households.
  • You have a minimum of $750,000 to invest with us and you want to engage in an ongoing relationship with a trusted fiduciary advisor.
  • You look at life like a glass that is half full and would describe yourself as an optimist.

Read more about our firm, services and philosophy here.


Fees

$500 one-time fee
$10,960 annual fee, including portfolio management on the first $3 million.
$2000 additional per million over the first $3 million.

The flat fee includes investment management on $750,000 to $3,000,000, annual retirement income and tax planning, and filing your individual federal tax return. The fee will be higher for complicating factors, like a family business, complex real estate holdings, etc. and for managed assets above $3M. The fee is billed quarterly from assets and will be re-evaluated every one to two years.

Many firms charge between 1% - 3% of assets managed.  As your assets grow, so does your fee.  Forever.

Here are examples to illustrate the fee structure:

Rowan and Kyle have a portfolio of about $2,345,000. Their flat annual fee is $10,960 with $2,740 billed every quarter directly debited from their investment account (equivalent to about a 0.47% fee on assets managed).

Julianna has a total portfolio of about $745,000. Her flat annual fee is $10,960 with $2,740 billed every quarter directly debited from her investment account (equivalent to about a 1.47% fee on assets managed.)

Oscar has $5,800,000 in investable accounts. His flat annual fee is $16,960 with $4,240 billed every quarter directly debited from his investment account (equivalent to about a 0.29% fee on assets managed.)

Still on the fence? Click here to learn more.

Who is a typical Avea Financial Planning client?

With 16 years of experience in professional wealth management, I have developed expertise in helping a specific type of client.

  • You or your partner (or both!) work at and plan to retire from PNNL.
  • You or your partner is within a couple of years of retiring.
  • You want a high touch, personalized wealth management experience.
  • You also want to be a “big fish” within our select client community limited to 25 households.
  • You have at least $750,000 in your retirement accounts and you are looking to have an ongoing relationship with a trusted fiduciary advisor.
  • You look at life like a glass that is half full and would describe yourself as an optimist.

Fees

  • $500 to get started.
  • 1.2% of assets up to a cap of $12,000 for 2022.
  • Typical fee range is $7,500 - $11,000 annually