"How are you paid?"
Jason Howell Company (JHCo.) is paid exclusively by clients - i.e. "fee only" - for financial services and receives no commissions or kickbacks from any other source.
For financial planning and investment management, the typical fee is $1,200 up front and a flat 1% per year of investments managed. Alternatively JHCo. provides an hourly rate for special projects (i.e. 401(k), 403(b) or TSP account reviews) and a flat rate for seminars.
"Where do you manage my money?"
As a registered investment adviser, JHCo. has an independent, "institutional" relationship with multiple broker-dealers. For example, most new accounts will be opened with TD Ameritrade Institutional, a division of TD Ameritrade Inc., member FINRA/SIPC an unaffiliated SEC-registered broker-dealer and FINRA member. You will have a private login to monitor your account.
"Is there a minimum balance required to work with you?"
No. JHCo. has an open financial services model accessible to anyone serious about proactive financial planning. If you do not have investments to manage, you are still welcome to work with us using our flat fee or hourly options.
"What's the profile of your typical client? Who do you work with?"
JHCo. clients are typically professionals in the Washington, DC area who appreciate individualized attention. They are used to leadership positions and have likely been involved in business, politics and are patriarchs/matriarchs of their family. When they receive service, they like to meet the principals and get to know them.
On a practical basis, our clients are typically "savers" who want to do the right thing for their families.
"Do you have an office?
Yes, JHCo. maintains a home office which allows for keeping fees competitive. We meet with clients virtually, at their offices or at other convenient locations throughout the Washington, DC metropolitan area.
"Is the company just you or do you work with a team?
Internally our team includes fiduciary Wealth Managers Jason Howell and Doug Tees (see our team page). Most of our clients benefit from the use of other specialists we introduce - estate planners, CPAs, insurance agents, etc.- so we partner with these professionals externally to offer an affordable, comprehensive experience. This "a la carte" structure gives more families access to holistic advice typically reserved for the ultra wealthy.
"What is the process like for getting started?"
Your first step is to contact the firm to schedule a free phone call. The call will take about 15 to 30 minutes and if there is a "connection" an in person meeting is then scheduled. By the end of the in-person meeting both parties will know whether each would like to work together. After signing agreements and submitting the initial fee, the service begins!