Base Camp
This is a great start for someone who is looking for guidance on how to start their financial journey, such as a recent college graduate or a young professional. This plan can include up to 3 of the following goals:
- Financial counseling
- College planning
- Retirement planning – Including Social Security analysis
- Debt pay down strategies
- Cash Flow analysis
- Other savings goals
One-time fee: $500 (average)
Trailhead
This is a favorable option for someone who may have started saving and is looking for guidance on how to invest more intuitively and have their money working harder for them, such as newlyweds or young professionals. This plan can include up to 4 goals.
Common Goals (Includes options in Base Camp plus any of the following):
- Risk analysis
- Investment analysis (i.e. 401k allocation recommendation)
- Tax saving strategies
- Insurance policy review
One-time fee: $1,500 (average)
Excursion
This comprehensive plan with simple to moderate complexity gives an in-depth look at all areas of your financial life and would be great for business owners, families, or those further along in their financial journey.
Common Goals (Includes options in Trailhead plus the following):
- Pension analysis
- Payout option analysis
- Determine if plan is being adequately funded
- Transitioning business owners (buyouts)
- Review of estate planning documents
One-time fee: $3,000 (average)
Mount Everest
More established business owners or executives are an ideal fit for this comprehensive plan which offers a higher degree of complexity.
Common Goals (Includes options in Excursion plus the following):
- Coordination with your network of professionals including CPAs, attorneys, and insurance professional
- Executive benefits coordination and review
- Estate planning
- Analysis of exercising, selling, and redeeming stock options, restrictive stock, and other executive benefit plans
Plans start at $5,000
Enhanced Tax Planning
This service is offered as an individual plan and in conjunction with one of the other Summit financial plans. For the maximum value, pair this with the Excursion or Mount Everest. Enhanced tax planning provides tax scenarios to help with financial decisions and is ideal for determining the tax impact of employer stock options, different saving strategies, or those considering a major financial decision such as selling a home.
Common Goals:
- Estimating taxes
- Fine-tune withdrawal strategies for tax efficiency
- Capital gain optimization
- Developing efficient tax savings strategies for retirement or other goals
One-time fee: $600 (average)