Firm
Black Harbor Financial
Boothbay Harbor, Maine
Fee-only
Black Harbor Financial at a glance
- One of 40 fee-only firms based in Maine in the Wellspent graph.
- 1 advisor is listed here, who holds the CFP.
- Its Form ADV reports 1 employee and 6 individual clients.
- Its average account is about $280,000 (assets it manages divided by its 6 accounts).
Facts
| Based in | Boothbay Harbor, Maine |
|---|---|
| Phone | (207) 522-6501 |
Black Harbor Financial fees
Black Harbor Financial doesn't publish its prices on its website, or we couldn't confirm them word for word. Ask for its Form ADV Part 2A, which must describe its fees.
For comparison, fee-only firms that publish prices charge a median of $4,500 a year for ongoing planning, $2,000 for a one-time plan, $300 an hour, or 1% of assets. See the fee report.
What its SEC filing says
| Paid by | Percentage of assets · Hourly · Fixed fees |
|---|---|
| Assets managed | $2 million |
| Individual clients | 6 |
| Accounts managed | 6 |
| Employees | 1 |
| Planning clients | 0 |
| Financial planning | Offered |
| Form ADV filed | February 11, 2025 |
| SEC record | CRD 290015 |