Binnacle Financial Group LLC fees and pricing
Financial planner in Chevy Chase, Maryland. Registered with state securities regulators.
According to its Form ADV Part 2A brochure dated August 19, 2026, Binnacle Financial Group LLC charges $400 an hour for financial planning.
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed August 19, 2026. Fees can change, so confirm with the firm before you hire them.
- Hourly rate
- $400/hr
“BFG will also bill the Client at our hourly rate ($400) for constructing the initial Financial Plan and for future changes to the Plan.”
Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)
How Binnacle Financial Group LLC bills
Payment and refund terms, quoted from the fee section of the brochure.
- “The fee is paid monthly in arrears based on the average daily balance of the Client’s account(s).”
- “Our advisory fee is prorated for any partial billing periods occurring during the engagement, including the initial and terminating billing periods.”
- “The first billing cycle shall be billed during the first week of the first quarter following the signing of the agreement and shall be prorated for the number of days since entering into the agreement.”
How Binnacle Financial Group LLC’s fees compare
- Its hourly rate of $400 is above the Maryland median of $300. 72% of the 156 other Maryland planners that publish an hourly rate charge less.
- 4 of the 5 other planners in Chevy Chase that publish an hourly rate charge less.
About Binnacle Financial Group LLC
- Principal: James Merrill
- Solo practice: one person runs the firm, so you work directly with the planner.
- Registered as an adviser: 2022 (4 years).
Planning areas mentioned in the brochure
- Retirement planning
- Estate planning
- College planning
- Business owners
- Cash flow and budgeting
Firm details from Form ADV
- How the firm is paid
- Hourly fees, percentage of assets under management
- Charges a % of assets
- Yes
- Highest asset based fee in brochure
- 1% a year
- Clients
- 4
- Employees
- 1
- Works with
- Individuals, high net worth individuals, and other
- Services reported to regulators
- Financial planning and portfolio management for individuals and small businesses
- Assets managed
- $22,065,496
- Registered with
- State securities regulators
- Disciplinary disclosures
- None reported
- SEC CRD number
- 322486
- Phone
- (301) 867-7020
Other planners in Chevy Chase that publish fees
- Green View Advisors LLCChevy Chase$300/hr, $2,750-$4,000
- Inaltis Capital Management, LLCChevy Chase$165/hr
- Intervest LTDChevy Chase$400/hr, $4,000/yr
- Peakstone Financial AdvisorsChevy Chase$1,500/yr
- Personal Financial PartnersChevy Chase$5,000, $5,000/yr
- Tritonpoint Partners, LLCChevy Chase$350/hr, $2,500-$10,000
Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.