Fee Schedules for Financial Consultants?

Question

I am determining a fee schedule for financial plannning and valuation consulting for fellow members of a network of mainly startup real estate investors and small business owners. I would like to compare my service fees to competitive fees.

Answer 1

You need to define your services more precisely. What exactly are you planning to do? "Financial consultant" means different things to different people. Do you have necessary professional credentials? Are you expected to give testimony in court as a part of your valuation practice? Is your financial planning practice going to bee fee-only, commission-only, or fees-and-commissions?

More specifically, it seems that you want to have two independent lines of business (financial planning and valuation). Each may carry its own price tag.