Eaton Financial Group

CONNECT

Address:

3111 North University Drive, Suite 404
Coral Springs, FL 33065

Phone:

(954) 575-9323

Fax/Other:

(954) 573-6546

 

 

 

 

 

 

 

 

 


Our Costs

Generally Speaking:

Eaton Financial Group’s planning is primarily either on a flat fee or Fee-Based (on assets under management). This will be discussed at the time of engagement.

In other words, Eaton Financial Group is on “your side of the table” and focuses on a process driven, values based planning approach.

We focus on excellence in service and strive to recommend the most appropriate solutions. 

This results in a high level of trust between our clients and us.  We will always discuss the associated costs of any products and disclose our compensation when asked.

Since our compensation is not geared towards the amount of transactions we perform, but rather on how well your financial plan serves your needs, our motivation is quite simple: grow your wealth and income subject to your risk tolerance and time horizon and strive to provide your family a lifetime of income they cannot outlive.

Our process is based on conservative financial practices and uses proven systems, yet our  approach is:

  • Individualized
  • Interactive
  • Systematic
  • Ongoing
  • Evolving

Eaton Financial Group offers each client an intuitive, customized financial plan that you simply cannot find in a book or on-line.

Financial planning is a part of your everyday life and as such, it is dynamic; therefore so is the advice we provide. Each client of Eaton Financial Group receives a plan tailored to their own specific needs and situation.

Essentially, we feel that we are compensated to do one very important thing: tell you the unvarnished truth regarding your planning needs and assist in modifying your behavior when needed. We are NOT compensated to "time the market," as no advisor has been able to consistently do so.

When evaluating the fees you may pay for financial advice, simply ask yourself the following questions to determine the value of the advice: 

1. Will the advisor increase your lifetime long-term return by at least the fee charged beyond what you may be able to accomplish yourself?

                                                  and/or

2. Will the advisor save you at least the fee charged in mistakes YOU may not make by doing your own planning?

                                                   and/or

3. Will the advisor save you at least the fee charged in time saved and recordkeeping?

 

The Fiduciary Standard:

We act in a “fiduciary capacity” for clients, which is an industry standard that requires, by law, that we act in the best interest of our clients.*

Typically, the fee for this type of management comes in one of two forms and is negotiated and agreed upon up-front: 1. Fee-Based (.9% -1%) of the assets we manage for you, which tiers lower with higher asset amounts.    2. Flat Fee for the initial written financial plan and then on an hourly basis afterwards. This amount of work is determined based on the level of planning needed.

 

These fees costs are negotiated at the start of our relationship and then re-visited either every 2 years or if there is a significant change in the portfolio.

 

We strive for complete transparency when it comes to costs of asset management, are not required to choose any one investment strategy and WILL FREELY DISCLOSE ANY AND ALL COMPENSATION.

 

Insurance:

As with asset management, we are not obligated to do business with any one company versus another. Therefore, we choose the carrier most suitable for your particular insurance needs, health, age, sex and financial goals.

We are paid a commission directly from the company with which we place you. There are embedded costs in the contract which cover this cost to the insurance company. Therefore, while you do NOT actually get a bill, realize that you are in fact indirectly paying us for our services.Typically, commissions are based on a percentage of the annual premium you pay and are much higher in the first year.

 

*Can be paid on a commission basis when acting in a broker-dealer capacity