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.
A lot of fee-only financial planners will charge hourly for advice. The trick is to find a fee-only guy or gal who is not so âup marketâ they will still talk with you. Hourly rates vary with region and experience, just like lawyers. But Iâd expect anywhere from $75 to $250. lot of fee-only financial planners will charge hourly for advice. The trick is to find a fee-only guy or gal who is not so âup marketâ they will still talk with you. Hourly rates vary with region and experience, just like lawyers. But Iâd expect anywhere from $75 to $250.