Collaborative Advice fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed July 10, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$300/hr

“Our hourly rate is $300.”

Flat or project fee

$2,000⁠-⁠$10,000

“We charge an annual fee of $2,000 - $10,000 for Ongoing Financial Planning.”

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

How Collaborative Advice bills

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

• “The annual advisory fee is paid quarterly 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.”
• “Fees are paid monthly or quarterly in arrears, and will be agreed upon in the Advisory Contract.”

How Collaborative Advice’s fees compare

• Its hourly rate of $300 matches the Mississippi median of $300. 40% of the 10 other Mississippi planners that publish an hourly rate charge less.
• Its flat or project fee of $2,000-$10,000 spans the Mississippi median of $3,000. 69% of the 13 other Mississippi planners that publish a flat or project fee charge less.

About Collaborative Advice

• Principal: Travis Woods
• Solo practice: one person runs the firm, so you work directly with the planner.
• Credentials named in the brochure: CFA.
• Founded: 2017 (9 years).

Planning areas mentioned in the brochure

• Retirement planning
• Estate planning
• Business owners
• 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

0.5% a year

Employees

1

Services reported to regulators

Financial planning and portfolio management for individuals and small businesses

Assets managed

$655,582

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

327565

Website

collaborativeadvice.com (opens in new tab)

Phone

(601) 206-0190

Can advise clients in 2 states: Louisiana, Mississippi

Other planners in Madison that publish fees

• Duncan Wealth Management, LLCMadison$300/hr, $1,000⁠-⁠$15,000
• Barnes Pettey Financial Advisors, LLCClarksdale$750⁠-⁠$3,000
• Bergland Wealth Management, Inc.Ridgeland$2,500/qtr, $10,000/yr
• Brick Street FinancialClinton$500/hr, $1,500⁠-⁠$2,500
• Caldric CapitalSeminary$200/hr
• Easley Investment Consultants, Inc.Ridgeland$300/hr

Compare all 35 planners in Mississippi