Bormann Wealth Management, LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 11, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$400/hr

“Our standard rate is $400 per hour, billed in​ W ​15-minute increments.”

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

How Bormann Wealth Management, LLC bills

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

• “Our published advisory fee is negotiable, and we may​ ​discount or waive fees for our advisory firm’s associates, their family members, and pre-existing client​ ​relationships.”
• “Fees are to be paid to our​ O ​firm by cashier’s check, personal check, or draft from US-based financial institutions.”
• “Fees for partial quarters will be​ ​prorated based on the number of days in the billing period that the client’s assets were under the firm’s​ ​management after the account was opened.”

How Bormann Wealth Management, LLC’s fees compare

• Its hourly rate of $400 is above the Washington median of $300. 81% of the 216 other Washington planners that publish an hourly rate charge less.
• 9 of the 13 other planners in Spokane that publish an hourly rate charge less.

About Bormann Wealth Management, LLC

• Solo practice: one person runs the firm, so you work directly with the planner.
• Credentials named in the brochure: CFP®.
• Registered as an adviser: 2021 (5 years).

Planning areas mentioned in the brochure

• Tax planning
• Estate planning
• 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

Clients

20

Employees

1

Works with

Individuals

Services reported to regulators

Financial planning and portfolio management for individuals and small businesses

Assets managed

$8,433,590

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

316256

Website

nickbormann.com (opens in new tab)

Phone

(509) 599-3125

Other planners in Spokane that publish fees

• Apex Advisory Group, Inc.Spokane$500/hr
• Chair Six Financial Planning, PLLCSpokane$200⁠-⁠$5,000, $1,000⁠-⁠$10,000/yr
• Craig Family OfficeSpokane$500
• Fellowship Financial PlanningSpokane$500/hr, $1,500
• Financial Forum, Inc.Spokane$150/hr
• Financial Trex, LLCSpokane$325/hr, $650⁠-⁠$1,300

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