View Our FAQ Below:
How do you serve clients?
- See Our Process page to learn more about our 5 Pillar Approach.
- Here is a video of our process for those looking to work with us and how we serve clients ongoing.
Who do you serve?
We primarily serve those in or near retirement in the “2% Club”. Those who have a pension and are “Midwestern Millionaires” who have $1M-$10M saved. They “Hate Taxes” and are looking for comprehensive planning with a tax focus.
Are you a fiduciary?
Yes. As an SEC registered firm, all of our advisors are fully licensed fiduciaries. Unfortunately, this term doesn't mean what it used to, so we seek to take this a step further at Peak by requiring a 200+ hour, 26-week training program for all newly hired advisors. Additionally, each of our advisors are required to obtain the CFP® credential - the gold standard in our industry - held by fewer than 30% of financial advisors nationwide.
Do you serve clients outside of Ohio?
Yes. While we are headquartered in Columbus, Ohio, we work with people all over the country. We welcome clients to visit our office whenever they would like and have even created an itinerary for them to enjoy their time, but many of our clients we have never met in person.
What are your fees?
We charge a percentage of assets under management based on the layout below. The fees below are the annual fee that come directly out of the managed accounts on a monthly basis (1/12 of the stated fees below). We do not provide one-time or hourly planning, and do not charge any up-front or planning fees.
- Under $1M - We primarily bring on those with $1M-$10M, but if it is a good fit and we can add value, then we will consider bringing on those with $250k-$1M. We will also make exceptions for family and friends of our clients.
- $1M-$5M - 1%
- $5M-$10M - .75%
- $10M+ - .5% or less
How do you justify your fee?
Our clients tell us they pay a fee for a team in their corner that has all of the in-house professionals. They pay for time, expertise, and peace of mind, so they can focus their energy on what they love. While there are aspects of financial planning that may be difficult to quantify, Vanguard has a recent study showing that the value of a financial advisor can be quantified around 3% of investable assets each year.
Do you manage my investments?
Yes. In order to do our best work, we manage all of our clients' investments. We always sit on the same side of the table with our clients and never push any specific investments or products.
Where is my money held?
Our clients' money is held with a qualified, third-party custodian to ensure it is safe and secure. We are independent, which means we can work with any custodian per SEC standards.
Once I commit to working with Peak, am I locked in?
No. We have included a stipulation in our agreement that allows any of our clients to exit the relationship at any time, if they feel it is no longer necessary or valuable. We hope to establish long-term relationships with our clients. However, if a client feels that the fee they are paying us is not valuable or feels uncomfortable, we would never want anyone to feel locked in or forced to work with us.
Who will my advisor be?
We take a team approach and have two advisors in every meeting. Our clients work with and meet many of our team members. None of our advisors have individual clients. This allows us to maintain our boutique approach with all 5 pillars of planning.
Can I get references?
Due to our high demand and protecting our clients' confidentiality, while preserving their time, we do not offer references. Although, many clients have left detailed Google Reviews, which you can read here. Also, we have a video of clients sharing their testimony about working with us.
Have any Peak Retirement Planning, Inc. advisors ever been disciplined by the SEC or FINRA?
None of our advisors have been disciplined by the SEC or FINRA.