"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.
Our financial planning fees are $7,500 for the first year and $5,000 for each subsequent year. If we manage assets, our investment management fee is an annual 1% up to $2,000,000 and 0.75% after that. In 2018, Jason Howell Company was featured in the New York Times for serving clients without having to manage their money. We are proud to continue offering that flexibility to current and new clients.
"If you do manage my investments, where is it managed?"
As a registered investment adviser, JHCo. has an independent, "institutional" relationship with multiple custodians. 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. You will also receive statements directly.
"Is there a minimum balance required to work with you?"
No. We offer a FEE FOR SERVICE model available to anyone serious about proactive financial planning. We were featured in the New York Times for offering this option to clients. It's especially helpful for clients who have 401(k) funds with their current employer or business owners who are investing the majority of their money into their business.
"What's the profile of your typical client? Who do you work with?"
Our clients are typically professional two-income families. They're the first generation in their family to have made as much money as they have and they are looking for guidance. We have a particular appreciation for family-business owners since we are business owners too. We like working with people we can get to know on a personal level. Our clients feel the same way.
Our best clients are typically just "savers" who are trying to do the right thing for their families.
"Do you have an office?
We maintain a virtual office which allows for keeping our fees competitive and the opportunity to work with clients all over the United States. So we meet with clients virtually, at their offices or at other convenient locations; usually in Northern Virginia.
"Will my adviser work independently or as part of a team?
Your financial planning team includes both principals, Jason Howell and Doug Tees (see our team page). Our clients also benefit from working with external specialists: estate planners, CPAs, insurance agents, etc.. 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. Alternatively you can go directly to filling out our One Page Form and we will contact you. The call will take about 15 to 30 minutes and if there is a "connection" an in person meeting is then scheduled. Between the 30 minute call and the in person meeting, one of us will send you our agreements to read ahead of time. By the end of our first 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!