# Scott Cole

> Scott Cole is a fee-only financial advisor at Cole Financial Planning and Wealth Management, Inc. in Birmingham, Alabama, who holds the CFP, M.Div. and MS credentials. Scott charges a percentage of assets, hourly fees, an ongoing planning fee and a one-time planning fee (ongoing planning from $5,000 a year and one-time plans from $750).

Page: https://find.wellspent.co/advisors/scott-cole/
Built from public directory listings; last checked April 21, 2026.

## Facts

- **Firm:** Cole Financial Planning and Wealth Management, Inc.
- **Based in:** Birmingham, Alabama
- **Fee model:** Percentage of assets; Hourly; Ongoing planning fee; One-time planning fee
- **Fees (firm's website):** ongoing planning from $5,000 a year; one-time plans from $750; $270 an hour; 1% a year on the first tier of assets managed; no asset minimum
- **Assets under management (firm):** $102.1M across 271 accounts
- **Credentials:** CFP, M.Div., MS
- **CRD:** 4845583 (https://adviserinfo.sec.gov/individual/summary/4845583)
- **SEC registration:** Investment adviser representative in AL, LA, TX
- **Exams passed:** Series 65 (2004)
- **Firm size:** 2 employees
- **Disclosures:** None reported
- **Website:** http://colefp.com

## Frequently asked questions

### Is Scott Cole a fee-only financial advisor?

Yes. Scott Cole is listed in the NAPFA directory (NAPFA admits only fee-only advisors). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by Scott's firm.

### How does Scott charge for financial advice?

Scott charges a percentage of assets, hourly fees, an ongoing planning fee and a one-time planning fee.

### How much does Scott charge?

According to Cole Financial Planning and Wealth Management, Inc.'s website, checked October 28, 2026: ongoing planning from $5,000 a year; one-time plans from $750; $270 an hour; 1% a year on the first tier of assets managed; no asset minimum.

### Where is Scott Cole based?

Scott Cole is based in Birmingham, Alabama.

### What credentials does Scott Cole hold?

Scott Cole holds the CFP, M.Div. and MS credentials.

### Is Scott Cole registered with the SEC?

Yes. Scott Cole is registered as an investment adviser representative in AL, LA and TX (CRD 4845583), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.

### How much does Cole Financial Planning and Wealth Management, Inc. manage?

Cole Financial Planning and Wealth Management, Inc. reports $102.1M across 271 accounts in assets under management.

### How do I contact Scott Cole?

Through Scott's website, colefp.com.

## Sources

- NAPFA directory listing (https://www.napfa.org/find-an-advisor/firm/2505): NAPFA admits only fee-only advisors
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 27, 2026
- The firm's website (https://www.colefp.com/): specialties, clients served, and fees, checked October 28, 2026

---

Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.