First Step Wealth Planning, LLC

First Step Wealth Planning, LLC at a glance

• One of 480 fee-only firms based in New York in the Wellspent graph.
• 1 advisor is listed here, who holds the CFP.
• Its Form ADV reports 1 employee and 19 individual clients, 10 of them high net worth.
• Its average account is about $272,000 (assets it manages divided by its 115 accounts).
• Its website says it's taking new clients.

Fee-only advisors in New York · What fee-only advisors charge in New York

Facts

First Step Wealth Planning, LLC fees

First Step Wealth Planning, LLC doesn't publish its prices on its website, or we couldn't confirm them word for word. Its website says it charges by: flat fee, ongoing planning fee. 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

Advisors at this firm (1)

• Erik Nero

  CFP · RICP