Ameribanc Corporation fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed June 17, 2021. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$500/hr

“Ameribanc Corporation may charge an hourly rate for such services at a rate agreed with the client with a maximum rate of $500.00 per hour currently.”

Flat or project fee

$250⁠-⁠$5,000

“Alternatively, Ameribanc and the client may agree upon a fixed fee for the planning and/or consulting services requested with such fixed fees usually, but not always, in a $250.00 to $5,000.00 range.”

Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)

How Ameribanc Corporation bills

Payment and refund terms, quoted from the fee section of the brochure.

• “Advisory fees are calculated and billed on a trimester, every 4 months, basis (April 30 th, August 31st, December 31st) and are paid by clients in advance.”
• “Unless otherwise negotiated, Advisory Fees are due and payable at the beginning of each calendar trimester (January 1st, May 1st, September 1st) for the period for which the fees are calculated.”
• “Fees may be paid directly by the client by check or may be deducted from a client’s account(s).”

How Ameribanc Corporation’s fees compare

• Its hourly rate of $500 is above the Illinois median of $273. 90% of the 215 other Illinois planners that publish an hourly rate charge less.
• 3 of the 3 other planners in Hoffman Estates that publish an hourly rate charge less.
• Its flat or project fee of $250-$5,000 spans the Illinois median of $4,500. 29% of the 175 other Illinois planners that publish a flat or project fee charge less.

About Ameribanc Corporation

• Solo practice: one person runs the firm, so you work directly with the planner.
• Founded: 1985 (41 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees, percentage of assets under management

Charges a % of assets

Yes

Highest asset based fee in brochure

2.5% a year

Clients

9

Employees

1

Works with

Individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and market timing

Assets managed

$3,600,000

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

124207

Phone

(630) 250-7092

Other planners in Hoffman Estates that publish fees

• Castling Financial Planning, LTD.Hoffman Estates$75/hr
• Clearwater Capital PartnersHoffman Estates$416/mo, $5,000/yr
• Spire Investment Management LLCHoffman Estates$250/hr
• Wisdom InvestmentsHoffman Estates$250/hr, $4,000

Compare all 5 planners in Hoffman Estates