Scott Cole
Cole Financial Planning and Wealth Management, Inc. · Birmingham, Alabama
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).
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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 | $102.1M across 271 accounts |
| Credentials | CFP · M.Div. · MS |
| SEC registration | Investment adviser representative in AL, LA, TX · CRD 4845583 |
| Exams passed | Series 65 (2004) |
| Firm size | 2 employees |
| Disclosures | None reported |
| Website | colefp.com |
How Scott's firm compares
- Ongoing planning starts at $5,000 a year, above the US median of $4,500 for fee-only firms that publish prices.
- A one-time plan starts at $750, below the US median of $2,000 for fee-only firms that publish prices.
- The hourly rate is $270, in line with the US median of $300 for fee-only firms that publish prices.
- Cole Financial Planning and Wealth Management, Inc.'s average account is about $377,000, from its Form ADV (assets managed divided by 271 accounts).
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Questions about Scott
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.
What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms
Where this information comes from
- NAPFA directory listing : NAPFA admits only fee-only advisors
- Cole Financial Planning and Wealth Management, Inc. 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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