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.
As fee only financial advisors one of the most common queries we receive from the web has to do with how much a financial plan costs. Itâs a good question as there are a number of ways you can pay for a plan, from fee-only to commission only.f course, in implementing the plan, the brokerages would sell you commissionable investment products. As for fee only planners such as ourselves, hourly rates cover a wide range, and the rates weâve encountered range from $150 per hour to nearly $300.