Family Life Financial Planning fees and pricing

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.

Hourly rate

$100⁠-⁠$300/hr

“Rate: $100-$300/hour Fixed Rate Based on Complexity: $300-2500 Educational Seminars Fees for Educational Seminars will vary due to varying scope, length, and complexity of seminars.”

Flat or project fee

Up to $2,500

“An initial planning fee between $0 and $2500 may be charged.”

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

How Family Life Financial Planning bills

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

• “For account billed less than $750 in quarterly fees there will be a reconciliation performed at the end of the quarter and fees due will be invoiced on the 15th of April, July, September, and January.”
• “These invoices can be paid in full or over 3 monthly payments at the client’s choice.”
• “One-half of the agreed upon initial plan fee is due at the time the Advisory Agreement is executed and the remainder is due upon delivery of the financial plan.”

How Family Life Financial Planning’s fees compare

• Its hourly rate of $100-$300 spans the Ohio median of $250. 23% of the 219 other Ohio planners that publish an hourly rate charge less.
• Its flat or project fee of up to $2,500 is below the Ohio median of $3,250. 18% of the 199 other Ohio planners that publish a flat or project fee charge less.

About Family Life Financial Planning

• Solo practice: one person runs the firm, so you work directly with the planner.
• Registered as an adviser: 2016 (10 years).

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

2% a year

Minimum

$3,000 minimum fee (stated in brochure)

Clients

27

Employees

1

Works with

Individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, pension consulting, selecting other advisers, and educational seminars and workshops

Assets managed

$5,800,000

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

284922

Website

instagram.com/michael_kostelnik (opens in new tab)

Phone

(440) 490-7526

Other planners in Ohio that publish fees

• 1TaxfinancialCincinnati$300/hr
• Aan Wealth Advisors LLCCanton$250/hr
• Access Wealth Group, LLCDublin$150⁠-⁠$400/hr
• Accountable Financial Planning LLCWesterville$200/hr, $2,500/yr
• Adams and Co Financial ServicesCincinnati$500⁠-⁠$2,500
• Advocate Wealth SolutionsDublin$300⁠-⁠$3,000/hr

Compare all 564 planners in Ohio