Review by
FinancialAdvisorsWorld Editorial Team
2025-10-28
Pros
- Access to a dedicated Certified Financial Planner (CFP) professional for personalized guidance
- Comprehensive service offerings including financial, estate, and equity compensation planning
- Technology-driven platform enhancing accessibility and efficiency for clients
- Transparent annual fee structure ranging from $2,600 to $8,700 with no asset-under-management (AUM) fees
- Low minimum deposit requirement of $500, making it accessible to a broader audience
- Expert team support beyond the primary CFP for specialized financial needs
- Focus on financial wellness and holistic planning strategies
Cons
- Annual fees may be higher than some robo-advisors or basic advisory services
- Limited to U.S.-based clients, restricting international accessibility
- Potential for fee increases based on service complexity or client portfolio growth
- Less suitable for those preferring entirely self-directed investment approaches
Experience
Engaging with Facet Wealth begins with an initial consultation to assess financial goals, after which clients are matched with a dedicated CFP professional. The firm's technology platform facilitates seamless communication, document sharing, and progress tracking. Services are delivered through a combination of virtual meetings and digital tools, ensuring flexibility. The CFP develops a customized financial plan covering budgeting, investment strategies, retirement planning, tax optimization, and risk management. For estate planning, clients receive guidance on wills, trusts, and legacy goals, while equity compensation services help manage stock options and restricted stock units. Financial wellness programs address debt management, insurance needs, and education funding. The firm's fee-based model, with annual costs between $2,600 and $8,700, is determined by the scope of services, and the $500 minimum deposit is required to initiate planning. Clients report high satisfaction with the personalized attention and integrated technology, though some note the fees are justified by the comprehensive, expert-driven support.
Recommendation
Facet Wealth is highly recommended for individuals seeking a hybrid advisory model that combines advanced technology with the expertise of dedicated CFP professionals. It is ideal for those with complex financial needs, such as estate planning or equity compensation, who value transparent pricing and holistic financial wellness. However, clients with simpler portfolios or lower budgets might explore more cost-effective alternatives. Overall, Facet Wealth excels in delivering personalized, technology-enhanced financial planning backed by credible industry certifications.
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