PlannerFees

Cranbrook Wealth Management, LLC fees and pricing

Financial planner in Bloomfield Hills, Michigan. Registered with the SEC.

According to its Form ADV Part 2A brochure dated March 23, 2026, Cranbrook Wealth Management, LLC charges an annual fee of $10,000⁠-⁠$100,000 for financial planning.

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 23, 2026. Fees can change, so confirm with the firm before you hire them.

Annual fee
$10,000⁠-⁠$100,000/yr
“For clients requesting stand-alone financial planning, we charge a fixed annual fee, typically ranging from $10,000 to $100,000, depending upon the complexity of the project, scope of the services required, and the professional(s) utilized in preparing the financial plan.”

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

How Cranbrook Wealth Management, LLC bills

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

  • “Fees paid directly are due within 15 days of the fee invoice date.”
  • “Generally, you authorize us in the Investment Management Agreement to invoice Fidelity directly and grant Fidelity permission to directly deduct our fees from your account.”
  • “If you utilize this service you may elect to be billed directly for our fees or, if you maintain an account at Fidelity, you may authorize us to bill our fees to Fidelity for deduction from your Fidelity account.”

How Cranbrook Wealth Management, LLC’s fees compare

  • Its annual fee of $10,000-$100,000 is above the Michigan median of $6,000. 100% of the 37 other Michigan planners that publish an annual fee charge less.
  • 7 of the 7 other planners in Bloomfield Hills that publish an annual fee charge less.

About Cranbrook Wealth Management, LLC

“We offer our clients a variety of advisory services including financial planning and investment management. We offer investment management as our primary service, but the firm also provides financial planning, on a retainer, as a stand-alone service.”
From the firm's description of its advisory business in its Form ADV brochure.
  • Firm size: 6 employees.
  • Founded: 2004 (22 years).

Planning areas mentioned in the brochure

  • Retirement planning
  • Tax planning
  • Estate planning
  • College planning
  • Cash flow and budgeting

Firm details from Form ADV

How the firm is paid
Fixed or flat fees, percentage of assets under management
Charges a % of assets
Yes
Highest asset based fee in brochure
0.95% a year
Clients
253
Employees
6
Works with
Individuals and high net worth individuals
Services reported to regulators
Financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other advisers
Assets managed
$906,790,077
Registered with
U.S. Securities and Exchange Commission
Disciplinary disclosures
None reported
SEC CRD number
132058
Website
cranbrookwealth.com (opens in new tab)
Phone
(248) 362-0900

Can advise clients in 6 states: California, Florida, Michigan, North Carolina, New York, Texas

Other planners in Bloomfield Hills that publish fees

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