Elements 5 Investment Management fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 28, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$400/hr

“Elements 5 charges a fee of $400 per hour for Mr.”

Flat or project fee

$5,000

“The minimum fee for basic financial planning is $5,000 and includes a financial goals review, data gathering, analysis of current financial position, development of a financial plan to attain one main goal (typically retirement), presentation of advice and recommendations, and plan monitoring in the first year.”

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

How Elements 5 Investment Management bills

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

• “All fees owed to Elements 5 are documented to the client in 6 Form ADV Part 2 an invoice having payment terms according to the Financial Services Agreement.”
• “Payment of half the financial planning fee is due at the time of the first client meeting with the remainder billed quarterly after six months in the first year.”
• “Clients that continue financial planning services, including monitoring and ongoing advice, are billed after the first year on a quarterly basis.”

How Elements 5 Investment Management’s fees compare

• Its hourly rate of $400 is above the New Jersey median of $300. 79% of the 174 other New Jersey planners that publish an hourly rate charge less.
• Its flat or project fee of $5,000 matches the New Jersey median of $5,000. 48% of the 168 other New Jersey planners that publish a flat or project fee charge less.
• 1 of the 2 other planners in Bridgewater that publish a flat or project fee charge less.

About Elements 5 Investment Management

• Principal: David B. Schram
• Solo practice: one person runs the firm, so you work directly with the planner.
• Credentials named in the brochure: CFP®, EA, and CFA.
• Registered as an adviser: 2013 (13 years).

Planning areas mentioned in the brochure

• Tax planning
• Estate planning

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

Minimum

$5,000 minimum fee (stated in brochure)

Clients

22

Employees

1

Works with

Individuals

Services reported to regulators

Financial planning and portfolio management for individuals and small businesses

Assets managed

$13,782,078

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

167731

Website

elements5.us (opens in new tab)

Phone

(908) 421-1164

Other planners in Bridgewater that publish fees

• Paradigm Investment Advisory, LLCBridgewater$10,000⁠-⁠$250,000
• The Investment Connection LLCBridgewater$1,000⁠-⁠$3,000, $200/mo
• 3I Wealth Management LLCFairfield$1,500, $2,500/yr
• A.m. Perricone LLCShamong$20,000
• Able Wealth Management LLCToms River$250⁠-⁠$500/hr, $2,500⁠-⁠$100,000
• Access WealthEast Hanover$8,000⁠-⁠$18,000/yr

Compare all 4 planners in Bridgewater