What is hourly planning?

Hourly planning is a fee-for-service financial planning model that enables clients to access to expert advice without committing to a long-term contract or ongoing services. This approach is ideal for those seeking targeted advice on specific financial topics —such as budgeting or retirement planning— in a cost-effective way.

How is hourly planning different from continual, ongoing planning?

Hourly planning differs from continual, ongoing planning mainly in its structure and commitment level. In hourly planning, clients pay for specific advice or services as needed, providing greater flexibility and cost control. Clients decide when to return for additional support, taking responsibility for implementing the plan independently and reaching out for help as necessary.

In contrast, continual, ongoing planning fosters a more comprehensive relationship with a financial planner, involving an annual fee. This model offers continuous support, regular check-ins, and proactive adjustments to the financial plan as life circumstances evolve. Ongoing planning is ideal for clients with more complex situations or those who desire more hands-on management and consistent guidance throughout their financial journey.

Can I receive a comprehensive plan through hourly planning?

Absolutely, you can receive a one-time comprehensive plan through hourly planning. We will start with a consultation to understand your current starting point and gather information. Then, we’ll conduct a thorough analysis of your financial and life objectives, crafting a customized plan that encompasses all aspects of your financial journey, including budgeting, saving, investing, retirement planning and more. We’ll present this plan to you (in person or virtually), where we’ll address any questions you may have. Afterward, you’re in control to implement the plan and to decide if and when you want to schedule follow-up meetings. Some clients prefer annual check-ins, while others feel confident managing their plan independently as their life evolves.

Can I ask about one specific topic in our hourly meeting?

Of course! During our introduction call, let us know what specific topic(s) you’d like to cover, and we’ll be sure to tailor our work and our presentation to that area(s). For instance, we have clients ask just for help on educational planning, or to help them create a realistic budget. Keep in mind that we may need to gather more information from you than you might expect—for example, creating a thoughtful budget requires us to know about your savings goals for retirement and other long-term objectives. Along with insurance and estate planning, other common areas where clients often seek our support are listed below.