PlannerFees

Strait Direction Wealth Management fees and pricing

Financial planner in Lyndhurst, Ohio. Registered with state securities regulators.

According to its Form ADV Part 2A brochure dated March 31, 2026, Strait Direction Wealth Management charges $250 an hour, a flat or project fee of $500⁠-⁠$6,000, and an annual fee of $2,500⁠-⁠$6,000 for financial planning.

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed March 31, 2026. Fees can change, so confirm with the firm before you hire them.

Hourly rate
$250/hr
“Hourly planning engagements are provided on an hourly basis at the current rate of $250/hr., based on complexity of the situation.”
Flat or project fee
$500⁠-⁠$6,000
“Strait Direction Wealth Management LLC charges a flat fee for a comprehensive financial plan ranging from $500 to $6,000.”
Annual fee
$2,500⁠-⁠$6,000/yr
“The minimum first year retainer fee ranges from $2,500 to $6,000, although exceptions may be made if circumstances dictate.”

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

How Strait Direction Wealth Management bills

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

  • “Investment management fees are billed monthly, in advance, in that the firminvoices our clients on the first day of each calendar month.”
  • “The client must consent in advance to direct debiting of their investment account.”
  • “Fees are billed monthly in advance based on the amount of assets managed as of the close of business on the last business day of the previous month.”

How Strait Direction Wealth Management’s fees compare

  • Its hourly rate of $250 matches the Ohio median of $250. 40% of the 219 other Ohio planners that publish an hourly rate charge less.
  • Its flat or project fee of $500-$6,000 spans the Ohio median of $3,250. 50% of the 199 other Ohio planners that publish a flat or project fee charge less.
  • Its annual fee of $2,500-$6,000 spans the Ohio median of $5,000. 41% of the 79 other Ohio planners that publish an annual fee charge less.

About Strait Direction Wealth Management

“Strait Direction Wealth Management, LLC, founded in 2021, provides personalized, confidential financial planning and investment management services to middle class to highnet worth individuals, pension and profit-sharing plans, trusts, estates, charitable organizations and small businesses.”
From the firm's description of its advisory business in its Form ADV brochure.
  • 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: 2021 (5 years).

Planning areas mentioned in the brochure

  • Business owners

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
1.35% a year
Clients
17
Employees
1
Works with
Individuals
Services reported to regulators
Financial planning, portfolio management for individuals and small businesses, educational seminars and workshops, and other services
Assets managed
$2,216,942
Registered with
State securities regulators
Disciplinary disclosures
None reported
SEC CRD number
314742
Website
straitdirection.com (opens in new tab)
Phone
(216) 331-2163

Other planners in Lyndhurst that publish fees

Compare all 564 planners in Ohio

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