Industry and firm guidelines may dictate what you can charge.
How much to charge for your time and your assistant’s time varies. Most advisors charge a per estate file fee of at least $1,500, with discounted rates for couples. Other advisors wrap the cost of QE into a client’s annual fee or charge for their time by the hour.
Advisors must arrive at a price that is fair to clients, while covering the costs of their time and their assistant’s time.
One of our DIY advisors added $20,000 in new fee revenue to his top line within 8 weeks of buying a DIY license, working with their assistant to create efficient, repeatable workflows to deliver the service.