Also, we will collectively call the minimum and maximum points of a function the extrema of the function. So, relative extrema will refer to the relative minimums and maximums while absolute extrema refer to the absolute minimums and maximums.
Cost. More and more advisors are offering this type of service with a monthly retainer. Often they will charge $500-$2,000 upfront for the initial planning phase and then charge a monthly fee of $50 â $300 per month depending on the complexity of your financial needs.
We charge a fee for the initial financial plan, based on hourly rates. This fee typically ranges from $2,500 to $5,000 depending on the complexity of your plan, and it is spelled out in advance in our engagement letter.or $4,000,000 to $4,999,999 in equity assets under management, GHPIA provides clients with a one-time financial planning reimbursement allowance in the amount of the cost of the initial financial plan.