Balanced Financial Planning Inc

Item 5 – Fees and Compensation
Initial Engagement: The Initial Engagement is quoted at a flat fee that is based on the time estimated
to be expended on the client's behalf in providing the requested services. The billing rate for
professional services is currently $270 per hour. BFP requires a deposit for the Initial Engagement in
the amount of 1/2 of the quoted flat fee for services in the Client Services Agreement - Initial
Engagement. The balance of the fee is due and payable immediately upon presentation of the
plan/advice at the presentation meeting. Either party may terminate the Initial Engagement upon
written notice within 5 days of signing the Client Service Agreement - Initial Engagement, at which time
no fees would be due and the deposit refunded in full to the client. Should client terminate the
engagement after this date, client is responsible and will be invoiced for any time charges incurred by
representative in the preparation of their Plan, if the invoiced amount is less than the initial deposit,
the balanced of the deposit will be refunded to client. The balance due over the amount of the initial
deposit is payable immediately upon presentation of the invoice.

Retainer Services: The fees charged by BFP are established in the client’s written Client Service
Agreement – Retainer Engagement, based on an annual fee billed quarterly in arrears each calendar
quarter. BFP’s fees for retainer services are calculated based on the amount of time estimated to be
expended on client's behalf in providing this service, with a typical minimum fee of fourteen (14) hours
annually. In BFP’s sole discretion, this minimum fee may be modified. All fees are determined on a
case-by-case basis. The billing rate is $270 per hour. The fee and/or hourly billing rate is subject to
change upon written notice to the client in the form of a new Client Service Agreement - Retainer
Engagement 30 days in advance of the effective date for the hourly rate change. Clients may elect to
pay directly via check for the quarterly fee or to authorize BFP to directly debit fees from clients

                                    Balanced Financial Planning, Inc.
                                               Brochure

account(s). The Client Service Agreement – Retainer Engagement may be terminated at any time upon
written notice to either BFP or to the Client. If the Agreement is terminated by either party all fees due
at time of termination will be due and payable by the client immediately.

Hourly Services: The billing rate is $270 per hour and subject to change. If the hourly rate has
changed since the last time the client worked with BFP, then the client will be informed of the new
hourly rate when scheduling the review and provided with a new Client Service Agreement - Hourly
Engagement. Client will be invoiced upon completion of the service. Clients are invoiced for
preparation, review, and meeting time. The invoice is due and payable when presented. Clients may
elect to pay directly for the invoice or to authorize BFP to directly debit fees from client’s investment
account(s) if held at Fidelity Institutional Brokerage Services.

Estate Distribution Engagement: The Estate Distribution Engagement is based on time to accomplish
the distribution of assets. BFP will invoice the estate monthly until the distribution of Fidelity accounts
have been distributed, which will end the engagement. If the deceased client was a Retainer Services
client and is survived by spouse or domestic partner who was included on the Client Service
Agreement – Retainer Engagement, then the Estate Distribution services will be provided as part of
the Retainer Engagement.

Our fees are negotiable. Additionally, BFP may, in its sole and absolute discretion, waive or reduce fees
  for employees, family members, members, and affiliates of BFP. As a result, BFP may offer certain
                                 clients lower fees than other clients.

Third-Party Fees: Clients will incur certain charges imposed by custodians, brokers, and other third
parties such as fees charged by third-party money managers, custodial fees, deferred sales charges,
odd-lot differentials, transfer taxes, wire transfer and electronic fund fees, and other fees and taxes on
brokerage accounts and securities transactions. Mutual funds, separate account managers and
exchange traded funds also charge internal management fees, which are disclosed in a fund’s
prospectus and/or Form ADV Part 2. Such charges, fees and commissions are exclusive of and in
addition to BFP’s fees, and BFP will not receive any portion of these commissions, fees, and costs.

Item 7 – Types of Clients
We offer advisory services to individuals and high net worth clients, their trusts, and estates. Retainer
Services have a typical minimum fee of fourteen (14) hours annually.

                                     Balanced Financial Planning, Inc.
                                                Brochure