Our Process

Your time is valuable and your needs are unique.

Your relationship with your wealth manager should be personalized to help you meet your goals. What can you expect when you sit down with one of our advisors?

FinancialPlanningProcess_Infographic_V3

01

Introductory

The Private Ocean experience is unique and deeply personal. We’ll talk openly and make sure we’re a good fit for each other.

02

Discovery

Your assets aren’t just numbers, they represent your time, your plans, and your hopes for the people you care about. During this phase, we hope to learn more about what matters most to you. What would you like to achieve with a financial planner at the helm?

03

Capital Needs Analysis

We take a look at your financial picture and help you determine what you’ll need to reach nearer term goals and those in the more distant future.

04

Investments

Once we’ve explored each of these areas, we’ll integrate them into a comprehensive financial plan for you that we will remain ready to regularly revisit to help make sure we’re always working toward your goals.

05

Comprehensive Financial Services

Whether you need tax planning and tax coordination services, advice on equity compensation and stock option planning, estate planning services, charitable giving advice, risk management, debt structuring advice, or a plan to fund an education, the Private Ocean team has the knowledge and expertise to make a difference.

06

Review Measure Update

Along the way, we communicate with you and remain ready to coordinate our services with your attorneys, tax specialists, insurance and banking professionals. All of these are elements are designed to help give you the peace of mind knowing that your financial life is in knowledgeable, capable and dependable hands. Below are answers to some common questions. Please contact us for more information.

Private Ocean By the Numbers

*Please Note: Limitations. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Private Ocean is engaged, or continues to be engaged, to provide investment advisory services. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers (see participation criteria/methodology). Unless expressly indicated to the contrary, Private Ocean did not pay a fee to be included on any such ranking. No ranking or recognition should be construed as a current or past endorsement of Private Ocean by any of its clients.

AM I QUALIFIED TO BE A PRIVATE OCEAN CLIENT?

Our clients typically have investable assets of $2 million or more. We also work with clients who do not yet meet this threshold but are on a path that will get them there in the future.

WHAT DOES IT COST TO WORK WITH PRIVATE OCEAN?

We believe that financial planning is an essential part of wealth management. In our opinion it is difficult at best to invest assets without knowing a person’s financial goals.

Investment management fees are calculated as an annual percentage of the assets we manage on your behalf. Fees are set at an annualized rate based on assets under management:

Up to $2 million – 1.00%
Between $2 million and $5 million – 0.85%
Between $5 million to $10 million – 0.55%
Above $10 million – 0.25%

A client’s effective management fee is the blended rate based on each tier. For example a client with $5MM under management is billed 1% on the first $2MM and .85% on the subsequent $3MM for an effective rate of .91%.

All clients are billed quarterly, at the end of each quarter

Please Note: The scope of any financial planning and consulting services to be provided depends upon the specific requests of the client.  Private Ocean does not serve as an attorney, accountant, or insurance agent. Private Ocean does not prepare legal documents or tax returns, nor does it sell insurance products.