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Clients agree to pay for their plan (and pay at the end of the first meeting) $5,500 to have their Implementation Plan written. My annual ongoing Ideal Client Fee is $11,800. Do I collect this (annual ongoing fee upfront) from them at the same first meeting or do I do it at Implementation Meeting?

Article ID: 360
Last updated: 20 Nov, 2019
You can do it any way you choose. Many advisors bill it quarterly and have it automatically deducted from an account, usually their money market account.
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