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PLANNER  Certified Financials Planners (CFP) Hybrid   RetireMite

TYPE          

 Commission   Fee only   Fee Based Company Reps
DETAILS  

What you can expect to pay the first year with $30,000 to invest.

 


$1,900

 


$2,250

 


$3,025***

 


$2,225

 


$19.95

Guarantee

None

Try it before you buy it!

Here's how that breaks out:

Initial Fees $0 to $500 Expect  $1,500 $400 to $500 None
Additional Fees   1% to 2.50% annual charge on any assets managed for you.   None
Commissions & Other Charges Additional 2% to 5% commission (called 'load') on any investment purchases you make  PLUS annual commission bonus on mutual funds Additional work @  hourly fees, normally starting @ $150 per hour Additional trading commission on any investment purchases you make  PLUS annual commission bonus on mutual funds Additional 2% to 5% commission (called 'load') on any investment purchases you make  PLUS annual commission bonus on mutual funds None. We don't sell stocks, bonds or mutual funds.  We sell the software you need to build your retirement.
Typical Minimum Initial Investments Expected From You  $25,000 to invest in new products. $100,000.  Many now expect  $500,000 $25,000 No minimum required.  Start investing right away.  You decide how much and when to invest.
Tune Up (Portfolio Balancing) No fixed fee.  Additional 2% to 5% commission (called 'load') on any investment purchases you make  PLUS annual commission bonus on mutual funds $500 to $750. $500 to $750. No fixed fee.  Additional 2% to 5% commission (called 'load') on any investment purchases you make  PLUS annual commission bonus on mutual funds None.  Tracks your investments and growth. Predicts total investment value at retirement. Shows you what areas of the market to invest in.
Discounts None Discount: Credit any trading commissions they earn to your account. None None. We don't trade!

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Information is based on our field research in the Southeast US region - reasonable considering population and rate of growth.  Service levels, quality and price may vary.
**Assumes $30,00 invested. 5 mutual funds purchased.  Average sales 'load' 5%. Average brokerage charge $35. >Management fee 2.5% (where applicable).
***Assumes 25% of amount invested is "commissionable products". No load mutual fund companies do not charge commission or trading fees. Trades made at any brokerage firm could be subject to trading fees.  For every load fund, there's a no-load. So why pay commissions? 
 

This information site is provided as a public service by: RetireMite ... for a retirement you can live with . Buy it now, you'll be glad you did!
Copyright © 2002 D. Murphy & Associates, Inc. All rights reserved.