Wolakota Financial Advisors fees and pricing
Financial planner in Ypsilanti, Michigan. Registered with state securities regulators.
According to its Form ADV Part 2A brochure dated February 19, 2026, Wolakota Financial Advisors charges a flat or project fee of $2,500 and an annual fee of $10,000 for financial planning.
Published fees
Quoted from the firm's Form ADV Part 2A brochure, filed February 19, 2026. Fees can change, so confirm with the firm before you hire them.
- Flat or project fee
- $2,500
“The open-retainer financial planning fee ranges from a low of $2500 to a maximum of $12,000 for the first year of comprehensive, feeonly financial planning.”
- Annual fee
- $10,000/yr
“It is expected that the entity will never have income of more than $10,000 per year.”
Read the full brochure (PDF) (opens in new tab)SEC adviser record (opens in new tab)
How Wolakota Financial Advisors bills
Payment and refund terms, quoted from the fee section of the brochure.
- “Operating under rules set by the State of Michigan, the total annual fee is broker into quarterly totals, and each quarter, the client is invoiced for that quarterly fee.”
- “Each investment / portfolio meeting – usually a one and a half hour session – is invoiced at the time in the amount of $250. 6 Since the fee does not cover a length of time for service, we do not invoice this fee on a quarterly basis.”
- “The recent State of Michigan audit determined that the Wolakota Financial Advisors needs to limit the fees it collects in advance.”
How Wolakota Financial Advisors’ fees compare
- Its flat or project fee of $2,500 is below the Michigan median of $3,250. 36% of the 137 other Michigan planners that publish a flat or project fee charge less.
- Its annual fee of $10,000 is above the Michigan median of $6,000. 68% of the 37 other Michigan planners that publish an annual fee charge less.
- It doesn't charge a percentage of the assets it manages, so its fee won't grow with your portfolio.
About Wolakota Financial Advisors
“WOLAKOTA, LLC (hereafter “Wolakota Advisors”), is a fee – only investment advisor that offers a variety of advisory services: Psychological Counseling, Psychoanalysis and Psychotherapy, Tax Preparation and Planning, Portfolio Management Services and comprehensive Financial Planning Services.”
- Solo practice: one person runs the firm, so you work directly with the planner.
- Credentials named in the brochure: CFP®.
- Registered as an adviser: 2008 (18 years).
Planning areas mentioned in the brochure
- Tax planning
Firm details from Form ADV
- How the firm is paid
- Hourly fees
- Charges a % of assets
- No
- Clients
- 28
- Employees
- 1
- Works with
- Individuals
- Services reported to regulators
- Financial planning and portfolio management for individuals and small businesses
- Assets managed
- $8,529,834
- Registered with
- State securities regulators
- Disciplinary disclosures
- None reported
- SEC CRD number
- 143218
- Phone
- (734) 480-2611
Other planners in Ypsilanti that publish fees
- Ag Wealth Management, PLLCYpsilanti$300/hr, $2,000
- 320 Life Financial PlanningHolland$250/hr
- 46 and 2 Investment Advisors, LLCTraverse City$200/hr
- 4Square Advisory Services, Inc.Fenton$150/hr, Up to $1,500
- A B L E Wealth Management Solutions LLCAnn Arbor$400/hr, $500
- Advance Wealth Management Service, LLCGrand Rapids$300/hr, $5,000
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.