Enjoy Your Success Without Penalties for Having More.
We Offer Flat-Fee Service, With a Tax Minimization Focus.
Theelis Wealth
We believe that the traditional model of charging a percentage of your investment portfolio reduces economies of scale that should benefit you as your wealth grows.
Consider a typical 1% annual advisor fee on a $1 million portfolio growing at 7% annually. Every year as your portfolio grows, so do the fees. Over 20 years, you could pay $400,000 or more VS $120,000 for a flat fee.
We are committed to changing this for our clients and offer a flat annual retainer fee.
% of Assets VS Flat Advisory Fees Over 20yrs
Thousands
Why Work With Us
We Are Flat-fee Only
Every Dollar You Earn & Save Should Be Optimized For You. You don’t have to pay more, just because you have more. We charge a flat fee commensurate with our level of services, to reflect this.
We Do Tax Planning
While many advisors are unwilling or unable to give tax advice, we can, and we embed tax minimization into every part of your financial plan.
We can also do Tax Preparation & Filing of your returns through Theelis Tax Preparation, a separate firm that’s under same ownership with Theelis Wealth.
Core Services
In financial planning, there are many variables we can’t control—market performance, economic shifts, unexpected events.
However, we focus on two areas where we can make a difference: keeping costs low, and optimizing your after-tax cashflow.
Cost Management
Our philosophy is centered around low costs, low debt and fair dealing with clients, as reflected in our flat annual retainer fee structure.
Tax Management
We create plans that tax savings and ensure tax compliance. We also help transfer wealth to the next generation with minimal estate tax impact.
Wealth Management
We align your cost and tax strategy with broader strategies including investment, cashflow, risk, charitable intentions etc.
Unique Services:
For Families with Special Needs that require extra attention, we also focus on a third area in making a difference: protecting access to essential benefits, for your loved one.
Fee Structure
We begin with a one-time onboarding fee and continue with an annual retainer fee.
Onboarding
Initial fee of $1,000
We begin with a one-time onboarding fee of $1,000 which covers essential groundwork needed to create a personalized financial plan.
It involves the initial setup of your financial profile, current financial actions and future financial goals.
We analyze areas like income, expenses, taxes, debt, investments & giving, to gain an understanding of your financial situation and create a solid foundation for long-term success.
By the end of the onboarding process, we propose an initial financial plan to close any gaps between your current financial actions and future aspirations.
Ongoing
Annual fee of $5,000
We then collaborate with you through our ongoing financial planning service to refine and execute the financial plan created during the onboarding process.
Over the course of 4 review meetings in the year, we meet to plan and implement your financial plan in the areas:
- Tax Planning
- Estate Planning + Estate Documents Preparation
- Investment Planning + Portfolio Management
- Debt Planning
- Charity Planning
- Cashflow Planning
What To Expect
Introduction
You’ll schedule an Intro Call with our team to see what working with us looks like. If we decide to work together, we proceed to the next step.
Agreement
We meet to review a wealth management agreement letter. This letter is mutually signed, along with payment for the onboarding fee.
Onboarding
We gather your financial information and use our proprietary system to create a financial plan. Once complete, it is presented to you.
Ongoing Service
We continually evaluate your needs & meet with you to optimize and update your plan, to reflect changing circumstances or goals.
Meet the Founder
I am Stephen, the Founder of Theelis Wealth, a firm dedicated to helping you build a secure financial future.
Professional Experience and Personal Insight:
- Extensive expertise in comprehensive financial planning with a focus on after-tax & cost cashflows. Being tax & cost sensitive is essential to good stewardship for many of my clients.
- As a Dad to a child on the autism spectrum, I understand the challenges. But my faith drives me to prioritize long-term plans to secure my family, with parts that potentially last my child’s lifetime.
Credentials:
- MSc Global Finance (NYU Stern School of Business) and MBA (Lagos Business School).
- IRS Enrolled Agent (EA), Chartered Financial Analyst (CFA), and Certified Financial Planner (CFP®).
- Chartered Special Needs Consultant (ChSNC) and Accredited Investment Fiduciary Analyst (AIFA®).
- Virginia Life, Annuities, and Health Insurance license.
Outside Work:
- My family and I enjoy attending our local church, swimming, and passionately supporting our favorite soccer team Arsenal Football Club (though my wife may secretly support another team)!
You should always consult a financial, tax, or legal professional familiar about your unique circumstances before making any financial decisions. This material is intended for educational purposes only. Nothing in this material constitutes a solicitation for the sale or purchase of any securities. Any mentioned rates of return are historical or hypothetical in nature and are not a guarantee of future returns.
Past performance does not guarantee future performance. Future returns may be lower or higher. Investments involve risk. Investment values will fluctuate with market conditions, and security positions, when sold, may be worth less or more than their original cost.