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What is Subscription Base Financial Planning?

November 15, 2023

Navigating the financial landscape in today's fast-paced world can be a daunting task. With so many financial products, investment options, and economic uncertainties, individuals often seek expert guidance to ensure their financial future. Subscription-based financial planning is a new approach that offers personalized and accessible financial advice to people from all backgrounds. In this blog post, we will explore what subscription-based financial planning is and how it differs from traditional financial planning. It's worth noting that our firm has been offering subscription-based planning since 2019.


Subscription-based financial planning is a service where a financial planner helps clients create a comprehensive financial plan. In contrast to the traditional way of planning, where a hefty fee is charged to prepare the plan and then charged again to update it, subscription-based financial planning offers a more affordable pricing model. The planner may charge a small onboarding fee for the first year and then provide ongoing planning services for a monthly or quarterly fee. This approach allows clients to receive continuous financial planning support without incurring excessive costs.


By offering financial planning services at a reasonable subscription fee, more people can now access expert financial advice. This approach also ensures that those who are generally excluded from traditional models can also benefit from financial guidance. Although the subscription-based model is relatively new in the financial services industry, it is a familiar concept to most people due to the prevalence of subscription services in their daily lives, such as Netflix and Spotify.


If you or someone you know is interested in learning more about our subscription-based financial planning service, don't hesitate to contact our office to schedule a consultation. During this meeting, we can discuss the service in greater detail to see if it would benefit you.