Red Kennedy Financial fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed July 30, 2024. Fees can change, so confirm with the firm before you hire them.

Flat or project fee

$2,500

“Fees for financial plans are billed $2500 in advance, with the balance due upon delivery of the financial plan.”

Annual fee

$2,500/yr

“A retainer of $2500 is due upon commencement of work, with the balance due after the written financial plan is delivered.”

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

How Red Kennedy Financial bills

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

• “Fees are negotiable based on complexity of the client’s situation.”
• “Payment in full is expected upon invoice presentation.”
• “Small Business Pension Consulting / 401k Fiduciary Advisor Fees For Pension Consulting and 401k Fiduciary Advisor Fees, all fees are billed in arrears the year after services have been rendered.”

How Red Kennedy Financial’s fees compare

• Its flat or project fee of $2,500 is below the Massachusetts median of $4,750. 22% of the 158 other Massachusetts planners that publish a flat or project fee charge less.
• Its annual fee of $2,500 is below the Massachusetts median of $8,250. 8% of the 62 other Massachusetts planners that publish an annual fee charge less.

About Red Kennedy Financial

• Solo practice: one person runs the firm, so you work directly with the planner.
• Founded: 2003 (23 years).

Planning areas mentioned in the brochure

• Retirement planning
• Tax planning
• Estate planning
• College planning
• Business owners
• Insurance analysis
• 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

0.2% a year

Clients

9

Employees

1

Works with

Individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, and pension consulting

Assets managed

$27,000,000

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

135276

Website

redkennedyfinancial.com (opens in new tab)

Phone

(617) 669-9947

Other planners in Massachusetts that publish fees

• 1620 Investment Advisors, Inc.Plymouth$75⁠-⁠$175/hr
• Aaf Wealth Management, LLCWestborough$350/hr, $750⁠-⁠$10,000
• Abraham, Robert Ralph JRSalem$400⁠-⁠$3,000
• Access Financial Planning, LLCNewburyport$6,000⁠-⁠$10,000/yr
• Access Investment ManagementMelrose$250/hr, $1,000⁠-⁠$4,000
• Act 2 PlanningWinchester$100⁠-⁠$500

Compare all 463 planners in Massachusetts