Financial Planning Education Planning

Big Choices Have a Big Impact A Brighter Future Starts Here

You've saved, you've studied, and now you're ready to take the next big step into higher education. But big decisions come with a lot of big questions: What's the best way to pay for it? Should you opt for a year or two of community college, or spring for the pricier private university? What opportunities for scholarships and financial aid are there? We help you make sense of all these options, so you can make the most of the resources you've set aside for college or vocational school.

We help you create a comprehensive plan for choosing the right college and paying for it.

  • Estimate the total costs for attending college, considering your GPA, test scores, and family resources

  • Analyze the costs and benefits of different types of schools

  • Review tuition rates of your top contenders and discuss how the numbers would change

  • Determine if you quality for financial aid, or if there's anything we can do to increase your chances of qualifying

  • Evaluate your test scores to help identify any merit-based scholarships

  • Create a plan to make the most of your cash flow, 529 plan investments, and student loans

Maximizing Your Resources Planning for a Brighter Future

It's a good idea to start talking about education planning with your financial advisor when your child is about two years from beginning college. High school sophomores still have plenty of time to work on their test scores, apply for scholarships, and decide what skills they'd like to enhance with higher education. 

Our Process Getting Started with Education Planning


We want to know you— your goals, concerns, dreams and values. During your initial meeting, we’ll spend time finding out who you are and what you want your money to do for you. We'll answer any questions you have and let you decide if we're the right firm for you.

Collaborative Review

We'll get to work creating a plan, and when it's finished, we'll schedule a follow up appointment where we will present the recommendations. We really value your input and will be happy to implement any changes you would like to see. 

Implementation Meeting

Once you are completely comfortable with the plan as presented, we’ll have you fill out paperwork to open any necessary accounts and assist in any transfers from other financial institutions. Over time, we'll stay as involved as you'd like us to be.

Working with Us Transparent, Upfront Pricing

Unlike most financial advisors, we believe in complete and total transparency when it comes to pricing. We also believe that you should only have to pay for the services you need. That's why we work hourly—no hidden fees or unexpected costs here. Plus, we're able to offer special pricing for families and non-profits.

How Much Does it Cost? Financial Planning Fees

LRIA typically charges a fixed fee and/or hourly fee for financial planning services. These fees are negotiable, but generally range from $250 to $2,000 on a fixed fee basis or from $50 to $300 on an hourly rate basis, depending upon the level and scope of the services and the professional rendering the services. If the client engages LRIA for additional investment advisory services, LRIA may offset all or a portion of its fees for those services based upon the amount paid for the financial planning and/or consulting services.

Administrative $50 / Hour
Para Planner $250 / Hour
Junior Advisor $250 / Hour
Senior Advisor $300 / Hour

All accounts require a $500 down payment.

These services may be included in our ongoing wealth management services. Click here for pricing.