Cole Financial Planning and Wealth Management, Inc. at a glance
- One of 65 fee-only firms based in Alabama in the Wellspent graph.
- 2 advisors are listed here; all hold the CFP.
- Its Form ADV reports 2 employees and 78 individual clients, 33 of them high net worth.
- Its average account is about $377,000 (assets it manages divided by its 271 accounts).
Fee-only advisors in Alabama · What fee-only advisors charge in Alabama
Facts
| Based in | Birmingham, Alabama |
|---|---|
| Website | colefp.com |
| [email protected] | |
| Phone | (205) 477-5118 |
Questions about Cole Financial Planning and Wealth Management, Inc.
How much does Cole Financial Planning and Wealth Management, Inc. charge?
Cole Financial Planning and Wealth Management, Inc. publishes these prices: ongoing planning: from $5,000 a year; one-time plan: from $750; hourly: $270 an hour; asset-based fee: 1% a year on the first tier of assets. We found this on its website, checked October 28, 2026.
Does Cole Financial Planning and Wealth Management, Inc. have an account minimum?
No. Cole Financial Planning and Wealth Management, Inc. says it has no account minimum. We found this on its website, checked October 28, 2026.
How is Cole Financial Planning and Wealth Management, Inc. paid?
Cole Financial Planning and Wealth Management, Inc.'s Form ADV says it is paid by: percentage of assets, hourly, fixed fees.
How many advisors does Cole Financial Planning and Wealth Management, Inc. have in the Wellspent public graph?
The Wellspent public graph lists 2 advisors at Cole Financial Planning and Wealth Management, Inc., and 2 hold the CFP.
What is the average account at Cole Financial Planning and Wealth Management, Inc.?
Cole Financial Planning and Wealth Management, Inc.'s average account is about $377,000. That's the assets on its Form ADV divided by its 271 accounts.
Cole Financial Planning and Wealth Management, Inc. fees
What the firm's own website says it charges, checked October 28, 2026. We keep a price only when the exact words stating it appear on the page.
| Ongoing planning | From $5,000 a year |
|---|---|
| One-time plan | From $750 |
| Hourly | $270 an hour |
| Asset-based fee | 1% a year on the first tier of assets |
| Account minimum | None |
| How it charges | Percentage of assets · Hourly · Ongoing planning fee · One-time plans or projects |
In the firm's words
"Starts at $1,250 / quarter" source
"$750 / session" source
"$270 / hr" source
"1.00 On the first $1,000,000" source
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 | $102 million |
| Individual clients | 45 |
| High-net-worth clients | 33 |
| Accounts managed | 271 |
| Employees | 2 |
| Planning clients | 26-50 |
| Registered with | The SEC (801-137654) |
| Financial planning | Offered |
| Form ADV filed | October 26, 2026 |
| SEC record | CRD 132562 |