Black Harbor Financial fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed February 11, 2025. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$300/hr

“For initial consultations, financial plan reviews, and limited consultations, including initial consultations, Black Harbor Financial charges an hourly fee of $300.00.”

Flat or project fee

$2,500

“For a comprehensive financial plan, Black Harbor Financial charges a fixed fee of $2,500.”

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

How Black Harbor Financial bills

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

• “Hourly fees are charged at the conclusion of the work, and the fee for an initial financial plan is charged upon delivery of the plan.”
• “Because fees are charged in arrears, no refund is offered as the services will have already been performed.”
• “The client must consent in advance to direct debiting of the fee.”

How Black Harbor Financial’s fees compare

• Its hourly rate of $300 is above the Maine median of $250. 70% of the 23 other Maine planners that publish an hourly rate charge less.
• Its flat or project fee of $2,500 is below the Maine median of $4,125. 15% of the 13 other Maine planners that publish a flat or project fee charge less.

About Black Harbor Financial

• Solo practice: one person runs the firm, so you work directly with the planner.
• Registered as an adviser: 2017 (9 years).

Planning areas mentioned in the brochure

• Retirement planning
• Tax planning
• Estate planning
• College planning
• Business owners
• Insurance analysis
• Cash flow and budgeting

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

1% a year

Clients

6

Employees

1

Works with

Individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and pension consulting

Assets managed

$1,682,313

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

290015

Phone

(207) 522-6501

Other planners in Maine that publish fees

• Ampersand Investment AdvisorsCamden$300/hr, $1,500⁠-⁠$7,500
• Bigelow Investment Advisors, LLCPortland$165/mo
• BirchbrookBangor$200/hr, $2,000
• Black Brook Financial PlanningGorham$150/hr
• Blue Point Financial, Inc.Scarborough$250/hr, $1,000/yr
• Bogue Asset Management LLCWells$300/hr, $1,000⁠-⁠$3,000/yr

Compare all 63 planners in Maine