Steel Toe Wealth fees
Financial planner in Okemos, Michigan. Registered with state securities regulators.
According to its Form ADV Part 2A brochure dated October 9, 2026, Steel Toe Wealth (Okemos, MI) charges $400 an hour, a flat or project fee of $7,995, and a monthly fee of $2,500 for financial planning.
with up to 3 other firms
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed October 9, 2026. Fees can change.
- Hourly rate
- $400/hr
Above the Michigan median of $250; 85% of the 78 other planners in Michigan that publish an hourly rate charge less.
““The Cash Out” STW charges either a fixed fee ranging from $5,000 to $20,000 or an hourly rate of $400.”
- Flat or project fee
- $7,995
Above the Michigan median of $3,875; 81% of the 54 other planners in Michigan that publish a flat or project fee charge less.
“Fees are negotiable “The Build” Fees for this service are a flat fee of $7,995, which includes the creation of a Financial Plan and six months of Financial Planning and implementation support.”
- Monthly fee
- $2,500/mo
“The monthly fee for this service is $2,500, paid in advance.”
Read by software from the firm's brochure. Check the brochure (PDF) (opens in new tab) before you hire.
At a glance
- Also charges a % of assets
- Yes
- Minimum
- None stated in the brochure
- Credentials held at the firm
- CFP® professional (opens in new tab)
- Team size
- Solo practice (one employee)
- Registered since
- 2026
How Steel Toe Wealth bills
Payment and refund terms, quoted from the fee section of the brochure.
- “Our advisory fee is prorated for any partial billing periods occurring during the engagement, including the initial and terminating billing periods.”
- “Clients may also pay by electronic funds transfer (EFT) or check.”
- “For all other services and fees paid directly to STW, fees are paid by electronic funds transfer (EFT) or check.”
About Steel Toe Wealth
- Principal: Nicholas Schumacher
Planning areas mentioned in the brochure
- Retirement planning
- Tax planning
- Business owners
- Cash flow and budgeting
Firm details from Form ADV
- How the firm is paid
- Hourly fees, flat or fixed fees, monthly planning fees, and a percentage of assets under management
- Services reported to regulators
- Financial planning and portfolio management for individuals and small businesses
- Registered with
- State securities regulators
- Disciplinary disclosures
- None reported on Form ADV as of October 9, 2026
- CRD number
- 344216 (opens in new tab)
- Phone
- (269) 762-8899
More planners in Michigan that publish fees
- Efficient Planning Solutions LLCOak ParkAnnual from $750/yr
- Old Oak Financial Planning, Inc.BrightonHourly $125/hr
- Boardwalk Wealth ManagementAnn ArborQuarterly $200-$2,500/qtr
- Silver Strand Financial PlanningBloomfield HillsHourly up to $400/hr, Flat $500-$3,000
- Whale Shark Financial LLCAnn ArborHourly up to $150/hr, Flat $150-$2,700
- Patterson AdvisorsWaterfordHourly $200/hr
Is something on this page wrong or out of date? Email corrections@plannerfees.com and PlannerFees will check it against the firm's latest filing.