First Retirement Services LLC fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed August 22, 2023. Fees can change, so confirm with the firm before you hire them.

Flat or project fee

$1,500

“The fixed fee is negotiable, but in no event will exceed $1500-5000, contingent upon how many times Adviser and Client meet per year and complexity of the plan.”

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

How First Retirement Services LLC bills

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

• “The firm must send the client a written invoice itemizing the fee, the invoice must detail any formulae used to calculate the fee, the time period covered by the fee and the amount of assets under management on which the fee was based.”
• “Fees will be charged in advance after determination of services needed for the client.”
• “Page 6 of 24 First Retirement Services, LLC Clients may terminate their planning agreement without penalty, for a full refund of FRS’ fees, within five business days of signing the Financial Planning Agreement.”

How First Retirement Services LLC’s fees compare

• Its flat or project fee of $1,500 is below the Florida median of $4,900. 14% of the 320 other Florida planners that publish a flat or project fee charge less.
• None of the 2 other planners in Parkland that publish a flat or project fee charge less.

About First Retirement Services LLC

• Solo practice: one person runs the firm, so you work directly with the planner.
• Meets clients remotely: the brochure mentions virtual or online meetings.
• Registered as an adviser: 2023 (3 years).

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

1.5% a year

Employees

1

Services reported to regulators

Financial planning and portfolio management for individuals and small businesses

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

328202

Website

frsfinances.com (opens in new tab)

Phone

(954) 608-0327

Other planners in Parkland that publish fees

• Clark Financial Planning Services LLCParkland$200⁠-⁠$300/hr, $3,000⁠-⁠$40,000/yr
• Gateway Capital ManagementParkland$500⁠-⁠$10,000
• Jurick Financial ServicesParkland$1,500
• 22 Seven Wealth Management IncPanama City$150/hr, $500⁠-⁠$2,500
• 365Sundays Wealth LLCLake Mary$5,000⁠-⁠$15,500, $5,000/yr
• 4 VerticalRiverview$250/hr

Compare all 5 planners in Parkland