Forbes Financial Planning, Inc.

Forbes Financial Planning, Inc. is a Rhode Island-based firm established in March 2007 by Mr. Daniel Forbes. The firm offers investment advisory services to individuals, high net worth individuals, trusts, estates, and qualified retirement plans. Services include comprehensive financial planning and investment management. Clients have the option to set reasonable restrictions on securities purchases. The firm manages assets primarily through no-load mutual funds, ETFs, equity securities, fixed income securities, and managed variable annuities. Forbes Financial Planning can also manage Held Away Accounts through a third-party provider, Pontera Solutions Inc. The firm charges a fixed fee of $4,000 for a comprehensive financial plan, with ongoing maintenance fees of $500 per quarter. Investment management fees are based on a percentage of assets under management, ranging from 0.75% to 1.10%. Forbes Financial Planning does not charge performance-based fees. The firm does not have a minimum account size requirement. Mr. Daniel Forbes owns both Forbes Financial Planning and Forbes Insurance Agency, creating a potential conflict of interest. The firm does not receive compensation for client referrals and does not vote proxies on securities. Clients have the option to suppress proxies and vote on their own. Forbes Financial Planning does not have any disciplinary events involving the firm or its principal owner.