Spectrum Financial Resources fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 30, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$75/hr

“SFR’s consulting services are provided at the firm's hourly rate of $75.”

Flat or project fee

$1,500

“Fees for financial planning will consist of a minimum planning fee of $1500.”

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

How Spectrum Financial Resources bills

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

• “Fees for Plans are due and payable upon delivery of the Plan.”
• “Refunds are not applicable as fees are payable in arrears.”
• “The consulting fee is payable at the conclusion of each session.”

How Spectrum Financial Resources’ fees compare

• Its hourly rate of $75 is below the Michigan median of $250. None of the 170 other Michigan planners that publish an hourly rate charge less.
• None of the 13 other planners in Troy that publish an hourly rate charge less.
• Its flat or project fee of $1,500 is below the Michigan median of $3,250. 21% of the 137 other Michigan planners that publish a flat or project fee charge less.
• 2 of the 9 other planners in Troy that publish a flat or project fee charge less.

About Spectrum Financial Resources

• Firm size: 6 employees.
• Registered as an adviser: 2022 (4 years).

Planning areas mentioned in the brochure

• Retirement 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

2% a year

Minimum

$1,500 minimum fee (stated in brochure)

Clients

723

Employees

6

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning, portfolio management for individuals and small businesses, portfolio management for businesses and institutions, selecting other advisers, and other services

Assets managed

$235,309,254

Registered with

U.S. Securities and Exchange Commission

Disciplinary disclosures

None reported

SEC CRD number

127453

Website

linkedin.com/in/spectrum-financial-resources-02239414a (opens in new tab)

Phone

(248) 643-0033

Can advise clients in 3 states: Michigan, Nebraska, Texas

Other planners in Troy that publish fees

• Arbor Wealth Advisors LLCTroy$300/hr
• Association Financial Services, LLCTroy$200/hr
• Baron Wealth Management, LLCTroy$250/hr
• Bridgewise Wealth ManagementTroy$300/hr, $4,995
• City Center Advisors, LLCTroy$500/hr
• FirstmetricTroy$495/mo

Compare all 32 planners in Troy