Li Wealth Management Inc fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 5, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$250/hr

“Our hourly rate is $250.”

Flat or project fee

$7,500

“Ongoing Financial Planning LIWM collects an initial fee, no greater than $7,500.”

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

How Li Wealth Management Inc bills

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

• “Fees are paid quarterly in advance, ranging from $150 to $625.”
• “Fees are negotiable and the final agreed upon fee will be outlined in your Advisory Contract.”
• “Fees are negotiable and the final agreed upon fee will be outlined in your Advisory Contract.”

How Li Wealth Management Inc’s fees compare

• Its hourly rate of $250 is below the New York median of $300. 25% of the 301 other New York planners that publish an hourly rate charge less.
• None of the 5 other planners in Melville that publish an hourly rate charge less.
• Its flat or project fee of $7,500 is above the New York median of $4,500. 75% of the 251 other New York planners that publish a flat or project fee charge less.
• 4 of the 5 other planners in Melville that publish a flat or project fee charge less.

About Li Wealth Management Inc

• Principal: Jordan Schrage
• Solo practice: one person runs the firm, so you work directly with the planner.
• Credentials named in the brochure: CPA and EA.
• Meets clients remotely: the brochure mentions virtual or online meetings.
• Registered as an adviser: 2024 (2 years).

Planning areas mentioned in the brochure

• Retirement planning
• Tax 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

1% a year

Clients

24

Employees

1

Works with

Individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and educational seminars and workshops

Assets managed

$234,735

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

331924

Phone

(516) 444-3377

Other planners in Melville that publish fees

• Clear Point Advisors, Inc.Melville$300/hr, $500⁠-⁠$5,000
• Four Corners FinancialMelville$2,500⁠-⁠$10,000/yr
• Heller Wealth ManagementMelville$150⁠-⁠$400/hr, $1,500⁠-⁠$5,000
• J.j. Burns & CompanyMelville$3,000⁠-⁠$30,000/yr
• Landmark Wealth Management, LLCMelville$250/hr
• Pelkonen and Associates LLCMelville$3,000⁠-⁠$22,500

Compare all 15 planners in Melville