Question 1

How much does a financial advisor cost with Sharper Image Financial Services?

Accepted Answer

How much does a financial advisor cost with Sharper Image Financial Services?

For ongoing investment management, Sharper Image Financial Services charges an annual fee of 1.5% of assets under management, billed quarterly in arrears. The fee is negotiable based on factors like account size and relationship history. There is no account minimum to open or maintain an account.

How much does a financial plan cost?

Is there a minimum account size to work with Sharper Image Financial Services?

Do you charge performance-based fees?

Can I cancel my agreement with Sharper Image Financial Services?

What states can I work with Sharper Image Financial Services in?

Do you offer tax preparation or CFO services too?

How do you get paid, commissions or fees?

Question 2

How much does a financial plan cost?

Accepted Answer

Financial planning (a Comprehensive Financial Plan, Project-Based Services, or Investment Consulting) is a fixed fee of up to $25,000, based on the complexity of your situation and unique needs. You receive an estimated fee before the planning process begins.

Question 3

Is there a minimum account size to work with Sharper Image Financial Services?

Accepted Answer

No. Sharper Image Financial Services does not require a minimum to open or maintain an investment account.

Question 4

Do you charge performance-based fees?

Accepted Answer

No. Sharper Image Financial Services does not use a performance-based fee structure. Charging based on a share of investment gains creates an incentive to recommend riskier investments, which we don't want.

Question 5

Can I cancel my agreement with Sharper Image Financial Services?

Accepted Answer

Yes. You can cancel an Investment Management Agreement within 5 business days of signing with no obligation and no penalty. After that, either party can terminate with 30 days' written notice, and any unearned, prepaid fees are refunded.

Question 6

What states can I work with Sharper Image Financial Services in?

Accepted Answer

Sharper Image Financial Services, LLC is a registered investment adviser offering advisory services in Colorado, California, Florida, Georgia, North Carolina, and Texas.

Question 7

Do you offer tax preparation or CFO services too?

Accepted Answer

Tax preparation and planning are offered through our affiliated company, Sharper Image Tax Services, LLC. Fractional CFO and business consulting are offered through TrueInsights CFO, LLC. Both are separate companies under separate agreements and separate fees.

Question 8

How do you get paid, commissions or fees?

Accepted Answer

Sharper Image Financial Services does not receive commissions or external compensation for selling securities to clients. Advisory fees are the only compensation we receive for asset management and financial planning services.

Frequently Asked Questions