Mitchell Advisory Inc

Mitchell Advisory is a financial advisory firm established in 1991, offering financial planning, investment advisory, and life insurance advisory services on a fee-only basis. The firm provides investment management, monitoring, and supervisory services to clients, charging a flat retainer fee and quarterly or semiannual investment management charges based on the value of assets under management. Clients can terminate contracts at any time with prior written notice, and any unused portion of fees paid in advance is returned without penalty. For financial planning services, Mitchell Advisory conducts comprehensive financial evaluations based on an hourly rate of $350, with fees typically ranging from $2,000 to $5,000 depending on complexity. Plan implementation services involve specific product recommendations, with fees based on the current hourly rate. The firm uses an asset allocation approach for building client investment portfolios, primarily recommending no-load mutual funds and ETFs. Mitchell Advisory's principal, Mitchell Martin, is a value investor with a background in finance and business. Mitchell Advisory is a member of NAPFA and adheres to its code of ethics, emphasizing objectivity, fairness, integrity, professionalism, confidentiality, competence, and regulatory compliance. The firm's investment supervisory services are suitable for clients with investment balances exceeding $500,000, while clients with lower assets can opt for financial planning or investment implementation services based on an hourly rate or flat fee. Clients are encouraged to use discount brokers for executing investments, with Mitchell Advisory having agreements with several discount brokers for client account monitoring and trading capabilities.