Fees & Engagement Structure

How We Work Together

our financial life is unique, and your relationship with your advisor should reflect that. At Lessard Wealth Management, each engagement is tailored based on the scope of work involved, the complexity of your situation, and the level of ongoing guidance needed, rather than standardized packages or pre-defined menus.

Fees are discussed transparently and agreed upon in advance, prior to the start of any engagement. This ensures clarity, alignment, and a shared understanding of expectations from the outset.

Our work is designed to evolve alongside your life, providing thoughtful guidance as priorities, opportunities, and circumstances change.

A Custom, Planning-Led Relationship

In most cases, your relationship begins with a comprehensive financial plan. Planning establishes the foundation for all ongoing advice and ensures that recommendations are made within the context of your full financial picture.

The scope of planning is tailored to you and may include areas such as cash flow and liquidity, retirement planning, tax considerations, estate and legacy alignment, risk management, and other financial decisions relevant to your situation.

Planning engagements are structured based on your needs and may include:

• Organizing and reviewing your financial information
• Clarifying goals, priorities, and constraints
• Evaluating cash flow, assets, liabilities, and risk exposure
• Assessing retirement readiness and income considerations
• Reviewing tax considerations and planning opportunities
• Aligning estate planning documents and beneficiary designations
• Evaluating insurance and protection strategies
• Identifying planning gaps and opportunities

Planning scope and estimated hours are defined and reviewed with you prior to beginning any work.

Ongoing Wealth Management

Following the completion of your financial plan, you may choose to engage in an ongoing wealth management relationship.

Wealth management fees reflect the ongoing nature of this relationship and the breadth of support provided as your life and circumstances evolve.

Ongoing wealth management may include:

• Continuous oversight of your financial plan
• Investment management and portfolio oversight
• Strategic guidance as financial decisions arise
• Retirement income and distribution planning
• Tax-aware planning and coordination
• Estate planning alignment and ongoing review
• Insurance and risk management guidance
• Coordination with your CPA and estate planning attorney
• Periodic reviews and ongoing availability

Wealth management fees are typically structured as an ongoing advisory fee based on assets under management, with the scope of services tailored to the complexity of your situation and the level of service provided. In certain circumstances, fees may be billed directly rather than based on assets under management. Billing terms are reviewed and agreed upon in advance. Fees are generally billed on a quarterly basis.