Terrance P Davis Cpa/pfs fees and pricing

Published fees

Quoted from the firm's Form ADV Part 2A brochure, filed February 28, 2020. Fees can change, so confirm with the firm before you hire them.

Hourly rate

$150/hr

“Clients are charged on an hourly basis – currently $150/hour or a negotiated rate - for work performed on their behalf.”

Flat or project fee

$500⁠-⁠$5,000

“In certain instances, depending upon a client's needs and the services performed, a negotiated flat or fixed fee may be used typically ranging from $500 $5,000.”

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

How Terrance P Davis Cpa/pfs bills

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

• “Fees are quoted on a per project basis with 1/3 payable at the time a client agrees to begin an engagement, 1/3 payable when the project is approximately one-half completed and 1/3 payable upon completion of the project.”
• “If more specific or my direct involvement is desired in regard to recommendation implementation, this service is billed in addition to the engagement fee.”
• “Fees for such are billed after services are performed and occur typically once per year.”

How Terrance P Davis Cpa/pfs’ fees compare

• Its hourly rate of $150 is below the Missouri median of $250. 5% of the 88 other Missouri planners that publish an hourly rate charge less.
• None of the 12 other planners in St. Louis that publish an hourly rate charge less.
• Its flat or project fee of $500-$5,000 spans the Missouri median of $3,550. 30% of the 77 other Missouri planners that publish a flat or project fee charge less.
• 4 of the 13 other planners in St. Louis that publish a flat or project fee charge less.
• It doesn't charge a percentage of the assets it manages, so its fee won't grow with your portfolio.

About Terrance P Davis Cpa/pfs

• Solo practice: one person runs the firm, so you work directly with the planner.
• Registered as an adviser: 2006 (20 years).

Firm details from Form ADV

How the firm is paid

Hourly fees, fixed or flat fees

Charges a % of assets

No

Clients

45

Employees

1

Works with

Individuals and high net worth individuals

Services reported to regulators

Financial planning and portfolio management for individuals and small businesses

Assets managed

$91,000,000

Registered with

State securities regulators

Disciplinary disclosures

None reported

SEC CRD number

118598

Phone

(314) 963-9998

Can advise clients in 2 states: Florida, Missouri

Other planners in St. Louis that publish fees

• Adk Wealth Advisory GroupSt. Louis$250⁠-⁠$4,000
• Aquilant AdvisorsSt. Louis$250/hr
• Cauble & Harre Wealth Management, Inc.St. Louis$10,000/yr
• Claris Advisors, LLCSt. Louis$500⁠-⁠$5,000
• Compton Advisors, LLCSt. Louis$500/qtr
• Cratero Capital LLCSt. Louis$100⁠-⁠$500/mo, $1,200⁠-⁠$6,000/yr

Compare all 44 planners in St. Louis