Chad Holmes
Flat fee - fee only - fiduciary - Life Audit Creator
Formula Wealth · Fairhope, Alabama
Chad Holmes is a fee-only financial advisor at Formula Wealth in Fairhope, Alabama, who holds the CFP and CPA credentials. Chad charges a flat fee or retainer and a one-time planning fee (1% a year on the first tier of assets managed) and focuses on family wealth transfer, retirement planning and estate & legacy planning.
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Specialties
Who they serve
- High earners
- Ultra high net worth
- HENRY (High Earners, Not Rich Yet)
- Multi-generational families
- Early-career professionals
- Pre-retirees
About
The Life Audit is a one month engagement, including 3 deep dive meetings, all for a flat fee. No long term contracts, no sales pitch. For longer engagements, Chad runs a boutique financial planning firm out of Fairhope, AL, serving families nationwide as a flat fee financial advisor (no commissions or sales products), focusing on minimizing taxes and maximizing legacies from a multigenerational perspective. He is both a CPA and CFP® fiduciary. His latest accomplishment is becoming a bestselling author with his book, "The Inheritance Playbook – Helping Your Parents Pass the Torch, Not the Tax." As an expert in his field, his advice has been published in various outlets, including The Wall Street Journal, MarketWatch, and Yahoo Finance.
Services
- 401(k) & IRA Management
- Asset Allocation
- Cash Flow Planning
- College/Education Planning
- Education Planning
- Estate Planning
- Family Wealth Transfer
- Financial Planning
- Investment Management
- Portfolio Rebalancing
- Retirement Planning
- Social Security Planning
- Tax Strategy
- Wealth Management
- Charitable Giving
- Financial Advice & Coaching
- Portfolio Management
- Risk Management
Facts
| Firm | Formula Wealth |
|---|---|
| Based in | Fairhope, Alabama |
| Fee model | Flat fee or retainer · One-time planning fee |
| Fees (firm's website) | 1% a year on the first tier of assets managed |
| Works virtually | Yes |
| Accepting new clients | Yes |
| Assets under management | $25M - $100M |
| Firm founded | 2020 |
| Firm size | 1 employee |
| Credentials | CFP · CPA |
| Investment approach | Blend of both |
| SEC registration | Investment adviser representative in AL, TN, TX · CRD 6637156 |
| Exams passed | Series 65 (2016) |
| Firm size | 1 employee |
| Disclosures | None reported |
| Website | formulawealth.com |
| Profile |
How Chad's firm compares
- Formula Wealth's average account is about $1.4 million, from its Form ADV (assets managed divided by 30 accounts).
Request an introduction to Chad
Tell Chad a little about what you're looking for. Chad isn't on Wellspent yet, so we'll let them know you're looking for help and pass your message on when they join. No cost, no obligation.
Questions about Chad
Is Chad Holmes a fee-only financial advisor?
Yes. Chad Holmes is listed in the XY Planning Network directory (XYPN members are fee-only). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by Chad's firm.
How does Chad charge for financial advice?
Chad charges a flat fee or retainer and a one-time planning fee.
How much does Chad charge?
According to Formula Wealth's website, checked October 28, 2026: 1% a year on the first tier of assets managed.
Does Chad work with clients virtually?
Yes. Formula Wealth says on its website that it works with clients remotely.
Where is Chad Holmes based?
Chad Holmes is based in Fairhope, Alabama.
What does Chad specialize in?
Chad's specialties include family wealth transfer, retirement planning, estate & legacy planning and tax planning. Chad works with high earners, ultra high net worth, HENRY (High Earners, Not Rich Yet), multi-generational families and early-career professionals.
What credentials does Chad Holmes hold?
Chad Holmes holds the CFP and CPA credentials.
Is Chad Holmes registered with the SEC?
Yes. Chad Holmes is registered as an investment adviser representative in AL, TN and TX (CRD 6637156), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.
How much does Formula Wealth manage?
Formula Wealth reports $25M - $100M in assets under management.
How do I contact Chad Holmes?
Through Chad's website, formulawealth.com.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Where this information comes from
- XY Planning Network directory listing : XYPN members are fee-only
- Formula Wealth website : specialties, clients served, and fees, checked October 28, 2026
- SEC Investment Adviser Public Disclosure : registration, exams, and the firm's Form ADV, data as of October 27, 2026
- Directory listing last checked April 21, 2026.
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