Services & Fees

Milne Financial Planning, Inc.
provides services in the following areas:

  • Retirement Planning
  • Investment Portfolios
  • Insurance Planning
  • Divorce Planning
  • Tax Planning
  • Estate Planning
  • College Planning
  • Budgeting & Cash Flow
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Planning towards retirement

Milne Financial Planning Service Packages

Autumn foliage – courtesy of George Milne

New clients have the choice of three services: the Basic Review, the Retirement Review, or the Six-Month Retainer. Once clients have completed any one of these services, they may upgrade to a higher initial service or they may choose any of the on-going services. On-going services include hourly work, Annual review, Semi-Annual review, and Quarterly Review.


New Client Services

The Basic Review and the Retirement Review are fixed price services. The purpose of these services is twofold: first, they give clients the information and answer to their questions; second, since the cost of the service is known upfront, you know the final cost before you start the process (Basic Review $695, Retirement Review $1,575).

Basic Review Retirement Review Six-Month Retainer
Meeting Structure
  • One 2-3 hour meeting
  • Meeting is interactive and the goal of the meeting is to answer your questions
  • One 3-4 hour meeting
  • Meeting is interactive and the goal of the meeting is to answer your questions
  • Four meetings during the six-month period
  • First meeting is interactive and the following meetings or reviews are often focused on implementation
Scope Typically covers only one area of concern, such as retirement planning or portfolio allocation Typically covers retirement concerns, or clients with multiple areas of concern, such as retirement planning and portfolio allocation All client concerns are addressed and recommendations are implemented:
  • asset allocation
  • investment implementation
  • tax planning
  • estate planning
  • college education planning
  • insurance planning
  • cash flow planning
Service Type Specific needs Specific needs Comprehensive
Targeted Clientele New clients looking for a one time review to address a specific concern New clients looking for a one time review to address multiple concerns New clients who prefer to have Milne Financial Planning carry out suggested changes on their own
Written Report No Yes Yes
Implementation No No Yes
Fee $695 $1,575 0.45% of investible assests plus 0.45% of income ($3,500 minimum)

We have tried to make the services we offer as friendly as possible. You do not have to decide on any level of service before we start the meeting. All first meetings start pretty much the same. Most meetings start with the Basic Review. After the meeting, if the client decides that he or she would like to upgrade to the Retirement Review to receive a return report, the change is easily made. Similarly, if a client decides to engage Milne Financial Planning to carry out the implementation of the recommendations, he or she may easily switch to the Six-Month Retainer from either the Basic Review or the Retirement Review Service.

Ongoing Services (retainer)

On-Going Services are for clients who desire a continued relationship with Milne Financial Planning. This annually renewable service includes implementing changes as well as managing the portfolio. Retainer services are for clients who have completed one of the three new client services listed above. The retainer services address applicable financial planning issues such as:

  • Asset Allocation
  • Specific Investments
  • Investment Implementation
  • Tax Evaluation
  • Retirement Review
  • Estate Planning
  • College Education
  • Insurance Needs
  • Cash Flow Analysis

Phone and email support is included. Analysis outside of the scheduled reviews is limited.

Quarterly Retainer

  • Four reviews over a twelve-month period.
  • The annual fee is .45% of assets available for investment (investable assets) plus .45% of client's income. 
  • The minimum fee is $2,500.

Semi-Annual Retainer

  • Two reviews over a twelve-month period.  
  • The annual fee is .35% of assets available for investment (investable assets) plus .35% of client's income. 
  • The minimum fee is $2,000.

Annual Retainer

  • One review over a twelve-month period.
  • The annual fee is .25% of assets available for investment plus .25% of client's income. 
  • The minimum fee is $1,250.

Educational Workshops

Jamie Milne may conduct group educational workshops. Jamie may impose a fee for these or other educational workshops. Generally, the employer, civic or non-profit group sponsoring the workshop will pay any fees charged by Jamie. In the event there is a charge to workshop attendees, the fee will be published in the workshop announcement or invitation. The hourly rate for group employee presentations is $350.