Many traditional firms operate under legacy business models, where fees must cover multiple layers of management, overhead, and parent company profits. This structure limits their ability to offer more transparent, client-friendly pricing.

As an independent fiduciary, Altruist Wealth Management was built on a modern business model designed for efficiency, transparency, and alignment with client goals. We intentionally cap our client count to prioritize service over business scale. That tradeoff lets us deliver deep, personalized planning while still being able to charge fair transparent fees.

Yes—and we believe our model is better aligned with the people we serve. Our services aren’t priced cheaply—they’re priced fairly.

Our flat fee reflects the time, care, and expertise behind the advice—not the size of your portfolio. You don’t pay more just because markets rise or because you’ve saved well.

Traditional firms often charge based on how much you have, not how much work is being done. That model supports their firm’s growth. We’ve chosen a different path.

By limiting the number of clients we work with, we’re able to offer highly personalized advice at a fair, transparent price. That tradeoff is intentional. We’re choosing lower margins so our clients get more value—built for service, not for scale. That’s what true alignment looks like.

If your advisor is affiliated with a broker-dealer, the short answer is likely no. This is not necessarily their fault—most of the wealth management industry operates under the broker-dealer model, where advisors either share revenue with a parent company or follow firm-mandated pricing structures. These firms often have structured policies that limit flexibility, making it difficult for advisors to adopt alternative fee models like ours.

If your advisor is an independent RIA, the answer is maybe. Independent RIAs have the flexibility to adopt flat fees, but most still use the traditional percent-of-AUM at their core model because their business models and compensation structures are built around it. For many firms, transitioning to a flat-fee structure would require significant operational and revenue model adjustments.

At Altruist Wealth Management, we built our firm from the ground up with a flat-fee structure to ensure transparency, fairness, and alignment with our clients’ long-term goals.

For ongoing wealth management, we begin by mutually determining if our services align with your needs. Together, we establish a flat annual fee, typically ranging from $7,500 to $12,000, based on the complexity of your financial situation. This fee is paid quarterly, starting when an engagement is officially started.

Our flat fee covers comprehensive financial planning and investment management for your entire household, including children under 25 when applicable. There are no restrictions on the number of accounts or portfolio size we manage.

For especially complex cases involving multiple legal entities—such as irrevocable trusts or family foundations—fees may be assessed on an entity-by-entity basis to reflect the added complexity. All fees are fully discussed and agreed upon before engagement, ensuring complete transparency.