It takes most clients 5-6 weeks to complete the entire process, whether planning alone or with a partner. This includes two virtual meetings, a little data gathering and homework on your end, and a few email exchanges with your planner.
For individuals the Stash Plan® costs a one-time fee of $1,497 and for couples, it’s $1,997. For this price, you get two one-hour virtual meetings with your dedicated financial planner and a highly customized financial plan designed around your lifestyle. The cost of the Stash Plan® may be tax deductible! Check with your accountant.
All meetings are conducted virtually via Zoom conference. We understand that this is a departure from the old-school model where advisors and clients meet in person. However, keeping things virtual allows us to serve clients nationwide and keep our services accessible (read: affordable) to H.E.N.R.Y.s™. You’re welcome to turn your web camera on or off, as preferred.
Once you sign up for a Stash Plan®, you’ll be assigned to one of our dedicated financial planners. Your assigned planner will stick with you throughout the entire planning process. All our planners are specially trained to deliver the unique Stash experience (read: a customized, modern, no-bullsh*t financial plan!).
Although we do have CFPs® on the team, Stash has developed a proprietary financial planning and delivery methodology that is designed for its lifestyle-focused millennial clientele. We think the traditional CFP® methodology works great for older generations, but not for H.E.N.R.Y.s™ who want to enjoy their livestyles now, and not just in retirement.
H.E.N.R.Y.s™ are typically individuals or couples who have hit the six-figure mark in earning potential and/or have done a kickass job saving and have money they know should be working harder for them. Take our 2-minute quiz to pre-qualify as a H.E.N.R.Y.™ and determine if you’re ready for the Stash Plan®. Please note: The quiz is meant to gauge if you (and your finances) are ready for a makeover. If your results deem you not quite ready, we won’t leave you hanging! Check out our class, MoneyMASTERED™, to help you lay a financial foundation.
We are completely dedicated to helping all income levels achieve their financial hopes and dreams. If, upon completing the AM I A H.E.N.R.Y.™ quiz, you aren’t ready for the Stash Plan®, consider our money class, MoneyMASTERED™. The advice and guidance you learn through the class is designed to get you ready for the next step in your financial journey.
No, because there’s no such thing! Every Stash Plan® is unique to the client it’s meant for. Your Stash Planner will review the financial decisions you’ve made to date, create a game plan for your future goals, bust money myths and unwind conventional wisdom. What works for one client may not work for the next, so it doesn’t really help to see a plan that was created for someone else. That said, the Stash Plan® is designed to answer all the questions you ask, and the questions you don’t even know to ask!
Yep! Student loans are a particular pain for our generation, and helping you get a handle on them is one of our specialties. The average client comes to us with around $80,000 in student debt. Our planners can help you decide on refinancing, consolidation, and even tackle relationship issues that can crop up around student debt!
Yep. Once you receive your Stash Plan®, you’ll know how much you should be contributing to retirement, which retirement accounts are right for you, and how they should be invested.
Of course! As long as you qualify as a H.E.N.R.Y.™, we can help you get your financial sh*t together. We won’t sugar coat it though—playing catch-up sucks. But as long as you’re committed to the process, we can help!
Definitely. Every client has different goals and it’s our mission to help you achieve them with as little compromise as possible. That said, there are some general financial planning principles that are essential to the success of any financial plan. Before buying that Tesla or spending 6 months of each year surfing in Bali, we may need to talk about other, less exciting topics. But unlike traditional financial advisors, your Stash Planner will provide context around WHY it’s important to do these things, and once the basics are covered, we’ll help you achieve what’s uniquely important to you.
An RIA is an independent financial firm with no ties to any bank. We are subject to SEC and state regulations, and we abide by the “Fiduciary” Standard which, for you, means full disclosure, transparency and always putting your interests first.
Upon completion of the Stash Plan® process, you will have answers to your financial questions. If you have specific questions pertaining to your plan, we’re happy to answer them. If you decide you want ongoing support and access to our team throughout the year, you might consider signing up for Stash Management™. Learn more.
Please click here to access Stash Wealth’s Terms of Service where you can review the refund policy (Section 4C).
In an effort to discourage individuals from signing up for the Stash Plan® prematurely, we do not offer payment plans. We don’t want to waste your time and money (or ours!). Please pre-qualify for the Stash Plan® by taking the AM I A H.E.N.R.Y.™ quiz here. If you are ineligible, don’t be discouraged. Consider the MoneyMASTERED™ class to help you hack your way to H.E.N.R.Y.™ status.
A lot of financial advisors collect their fees by requiring that you invest your money with them, and then collecting a percentage of that investment regularly. Over time, this method can really add up. The Stash Plan® was designed to allow H.E.N.R.Y.s™ to get a financial game plan without “marrying” a financial advisor. We don’t require you to invest with us before we help you. In fact, we think that’s bullsh*t. We allow you to pay a flat fee for fiduciary advice and then give you the option of delegating your investment management once we’ve gotten to know each other.
All our financial planners are trained in Stash Wealth’s Financial Planning philosophy as it relates to delivering upon the Stash Plan® experience. We go to great lengths to hire and train only those who are passionate about delivering a top notch experience to HENRYs™. We want to hear if you’re not happy with your planner but we’re also pretty certain that won’t be the case.
You might! Being able to save is great, and you probably wouldn’t be a H.E.N.R.Y.™ if you haven’t already been doing so. That said, the Stash Plan® process involves way more than simply saving. It’s about making your money work harder for you! We teach you new and different ways to think about and handle your money, including using the Reverse Budget™, getting invested, and using credit cards to your advantage. If you think this sounds like something you want or need, then we suggest taking our quiz to pre-qualify.
Each client has different risk needs and we profile that very thoroughly so you are never taking more risk than you need to achieve the goals in your Stash Plan®. This is all discussed during the Stash Plan® process and will make a lot more sense once you understand the premise behind goals-based investing.
Investment returns are never guaranteed. Anyone who tells you otherwise is probably named Madoff. The concept of investing is often confused with gambling. Educating you on the difference so you can ask smarter questions is a part of the Stash Plan® process.
Yep! Designed for H.E.N.R.Y.s™, by H.E.N.R.Y.s™ 🙂
Yup, we sure are. For anyone out there who doesn’t know this term, it means we’re required to act in our clients’ best interests, not our own.
No, we are real people—a team of financial professionals who believe you should have access to the high level of service and hand-holding traditionally only available to the wealthy. The best part is that we are all H.E.N.R.Y.s™, just like you.
Totally. It’s common for one partner to be more concerned with finances than their other half. That said, if you and your partner decide to get a Stash Plan® as a couple, you’ll both be required to attend every meeting. You’ll find your plan is far more effective when you’re both on the same page. One team, one dream.
This is a pretty common situation. You’re pumped to get your money working harder for you, but your partner would rather wing it (or ignore it!). When it comes to working with couples, 80% of what we do is therapy. Your job is simply to get them on the meeting (mandatory). Leave the rest to us! We provide all the motivation, inspiration, and excitement they’ll need to want to get involved.
No. By law, you and your SO are both required to be on all meetings. Plus, throughout the process, we work hard to get you guys speaking the same money language so that coming out of the process you’re on the same page. It’s helpful to have your SO on the meetings for more reasons than the obvious one – to rope them into your desire to GYFST!
There are several reasons why a couple may or may not choose to merge their accounts. We’ll discuss the pros/cons and psychological benefits so you can make an informed choice. While merging accounts is not required, we will walk you through Stash Wealth’s philosophy on the topic and figure out a customized approach that makes sense for you and your relationship.
Of course! That’s almost always the case with couples. One partner might make more money, have more student debt, or be dealing with a complicated family situation—and it’s all okay. Half of our job is to get you two thinking and working as a team. If you’re ready for that, we can help you get on track for your goals faster and more efficiently.
In our experience, it’s not a very effective way to get your financial sh*t together. Once you’re in a serious relationship—and Stash considers it serious if you’re living together—you’ll find it doesn’t make any sense to exclude your partner from the kinds of conversations you’ll need to have to build a successful plan (kinda hard to calculate a home purchase or retirement costs if we only have half the information!). It’s also a lot easier to achieve financial goals if the two of you are working towards them together. Finally, let’s be real—couples fight about money more than anything else, even sex. While talking about money might not seem like a sexy activity, you just might find that sharing your financials with one another is actually a great way to build a deeper connection.
If you’re in credit card debt, part of your game plan will be to discuss the best strategies to annihilate it as efficiently as possible. We are here to help you get smarter about your money habits, not to call you out. While we will use discretion, we strongly encourage couples to be transparent about financials, especially once you’re living together.
You certainly can, but we don’t recommend it. During the process, we will be discussing the basics of your lifestyle and also begin the conversation around goal setting. It tends to be harder to approach these conversations (annual travel, lifestyle, retirement, etc.) as an individual if you’re in a serious relationship. Please note, if you and your SO are in different places financially (one has more debt, one has a higher income, etc), that’s no problem – most couples almost always are.
If you purchased the Stash Plan® for Individuals and decide to add your partner, you must do so before completing the baseline workbook. If this is the case, you can email firstname.lastname@example.org with your request and we will invoice you for the difference. Once payment is complete, we will modify your account status and you may proceed with your partner.
Stash Management is a full-service offering for H.E.N.R.Y.s™ who have completed the Stash Plan® and don’t want the responsibility or hassle of managing their plan and investments on their own. We’re talking to you delegator-types. But investment management is only one part of the service. Also included is an annual update of your Stash Plan® to account for any life changes, access to our vetted team of experts and year-round advice for all things money.
No, it’s completely optional. You are welcome to manage your Stash Plan® outside of Stash Wealth and revisit us annually or every few years for a plan recalibration to account for any changes you might be experiencing (i.e. new job, growing family, relationship status update, etc.)
Once you complete the Stash Plan®, you will receive an email invitation with all the information you need to sign up for Stash Management™.
You have 90 days from the date you complete the Stash Plan® to decide whether you want to sign up for Stash Management™.
No harm, no foul. It’s kind of like having a personal trainer at the gym – some people love it, some people don’t need it. If you’re the delegator type, the service will be appealing to you, but if you’re a DIY type, you can do that to. The Stash Plan® empowers you with all the tools you need to execute it on your own, but if you’d like to partner up with Stash Wealth and delegate your financial life, we’re here for you.
We are a small team and treat our clients like family. For that reason, we do not provide ongoing support to individuals outside of Stash Management™. However, you will be invited back to Stash Wealth annually to update your plan, should you choose to do so.
Of course. Having accounts at Stash Wealth is no different than having accounts at Vanguard, Fidelity, eTrade, etc. The difference is we are managing your investment strategy with regards to a larger goals-based financial plan that you have designed and one that we will be updating annually to account for life changes. Access to your funds is also the same as all other investment accounts. It takes 3 days for trades to settle (T+3) after which the funds can be transferred to your bank account which will be linked to your Stash Accounts.
If you elect to sign up for Stash Management™, our team is responsible for executing and managing your investments in accordance with your Stash Plan™. Stash Wealth maintains full discretion of your investments, which satisfies the requirements that certain employers place. Many of our H.E.N.R.Y.s™ have similar restrictions. We will, of course, help to verify whether Stash’s investment models comply with your firm’s requirements, should it come to that.
There are four main ways it is different. First, most traditional financial advisors do not abide by the Fiduciary Standard, they abide by the Suitability standard. If you’re not familiar with the difference, a quick Google search will explain just how vast it is. Second, most financial advisors are glorified sales people, required to hunt & gather assets for their firm. They will wine and dine you, we will not. We believe financial professionals should not be required to sell, they should focus on providing the client with advice & guidance. Third, the fee you pay a traditional financial advisor does not include an annual recalibration of your financial plan. It’s usually positioned as an upsell. Finally, ongoing support from a traditional financial advisor usually ends at support with your investments. Typically, they are not proactively helping you with all the other aspects of your financial life including student loans, job negotiations, stock options, merging finances with your significant other, budgeting, updating your lifestyle, we could go on. None of this touches on the fact that most Wall Street advisors won’t even work with you unless you have a million dollars (and even if you do, you’re treated like a D-list client). We believe that the sooner you get access to holistic financial guidance, the more successful you’ll be. We treat our clients like Millionaires, before they are Millionaires.
The fee for Stash Management™ services, including investment management and an annual update to your Stash Plan®, is determined by how much you hold in assets at Stash. The formula we use to calculate fees is 1.2% annually (or 0.1% monthly). The fee is deducted from your account automatically on a monthly basis with a $90/month minimum. Above $250,000 in assets, a declining fee schedule is in place. Why? Because we don’t believe you should be penalized with higher fees because you’re wealth is growing #rebelsofwallstreet. Please see Stash Wealth’s firm brochure for a detailed breakdown of fees.
It can be! Depending on your income, part of the management fee may be deductible. If you are a Stash Management™ client, please check with your tax professional for more information.
Unfortunately, no. The execution and management of Stash Management™ requires a big time commitment on our end (Stash Management™ clients have access to us for any and all financial decisions they might be making). It’s for this reason we can’t offer ongoing support to clients outside of Stash Management™—there’s simply not enough time in the day!
Yep. Stash Management™ is a full-service experience created for H.E.N.R.Y.s™ who want to put their financial lives on cruise control. We implement and regularly update our clients’ Stash Plans®, as well as provide ongoing support and guidance with their financial lives. To do this, we handle all investments in-house, which means that we open and consolidate all accounts here at Stash Wealth.
Yes, but it almost never happens. As a company, we work hard to provide a high-touch service to a generation that’s ignored by the bigger financial firms. The level of service we provide takes considerable time and effort. Oh, and our plans only work if you follow them! If it’s clear you’re not committed to making your plan work, you may be terminated. This policy helps us ensure our dedicated clients receive the best possible service (and also lets our employees know that we value them).
Stash Management™ is a full-service wealth management offering available to clients once they have completed the Stash Plan®. It includes help with all things money, including your investments. In addition, it includes an annual update of your Stash Plan®, because life happens (new job, promotion, kids, etc.). You also have access to us and our team of experts who provide their services (estate planning, tax filing, protection strategies, small business legal support, etc.) at discounted rates for Stash Management™ clients.
All Registered Investment Advisors utilize a 3rd party custodian to house client accounts. Stash Wealth uses Apex as its custodian. All custodians charge a “transfer out” fee. None of it goes to Stash Wealth – it’s simply an administrative cost of processing the transfer out request by the custodian of record. It’s typically between $70-$100 per account.
If you’ve been thinking about asking your parents to borrow money, consider this: In the U.S., one in 10 homeowners say they aren’t comfortable with their retirement savings and haven’t been able to save enough as a result of supporting their adult children financially. That’s according to Unison, a San Francisco-based home co-investment company, which…
Nope! Everything that’s covered in MoneyMASTERED™ (and more) is also covered in the Stash Plan®, except the conversations and advice will be tailored to your exact situation.
This is not a rescue mission. If you have extreme levels of credit card debt or a spending addiction, we may not be able to help you with this course. At the end of the day, it all depends on how committed you are to working your way out of the hole.
That’s mostly up to you. If you work out with a personal trainer, but go home and eat cake every night, your lousy results aren’t your personal trainer’s fault. It’s the same with money. If you implement the strategies discussed in this course, it should help your financial situation, but you are ultimately accountable for how well it works for you.
For some, talking about money early on in a relationship is super sexy and may even bring you closer. For others, it’s a real turn off. We usually encourage you to buy the add-on only if you’re planning a future together and are ready to start thinking and working as a team. Money is a major issue for most couples, so kudos to you if you want to tackle the topic early on in your relationship!
The point of the course is to help get you ready for the Stash Plan®. While we will discuss smart money principles that anyone earning an income (1099 or W2) should be practicing, we do not touch on specific pain points of entrepreneurs, such as retirement savings options for those not offered a 401(k) or dealing with unpredictable income. The goal will be to help you develop smart money habits so that you’re ready for a custom game plan regardless of whether or not your income is predictable.
Maybe. Personal finance isn’t rocket science (that’s a good thing). Learning what to do with your money isn’t as hard as actually doing it.
If you follow the advice in this course, you should be well on your way to becoming a HENRY™. We want to reward that, so if you qualify for the Stash Plan® within 18 months of purchasing MoneyMASTERED™, we will offer you a discount equal to what you paid for the course. Just email email@example.com to let us know when you’re ready and we’ll happily provide you with a discount code. Please note, you are not eligible for this discount if you were gifted MoneyMASTERED.
Yes! Some people prefer to read and others would rather watch someone explain this stuff. Only you know what works best for YOU.
Maybe you grew up in a household where money wasn’t spoken about. Maybe you aren’t fond of numbers and have chosen to ignore this stuff – until now! Anyone looking to get smarter about how they think about their money will get something out of this course, but it’s primarily directed at people between the ages of 25-39 years old. The sooner your get your financial sh*t together, the less you’ll have to compromise. It’s not mean, it’s math.
This course is meant to emulate the last class you should have taken in school. It explains the basics of smart money management across the board (savings, credit cards, investing 101, retirement, etc.) It’s not going to address more complex things like how to hack your HSA as a retirement vehicle. Besides, if you’re asking those types of questions, you’re probably ready for a customized financial plan. See Stash Plan®.
Maybe. Some people think they are a shit show but are just being way too hard on themselves and have actually made some really smart decisions. Other actually are a total shit show. If you’re living a lifestyle well beyond what you can afford (racking up tons of credit card debt each month with no care in the world), this course can’t help you! Otherwise, it’s likely you’ll benefit from the tips we provide.
No. From our experience, people who think they are doing things right often aren’t, so it won’t hurt to watch the whole course.
This course helps to establish basic principles of how to be smarter with your money. If you find your questions aren’t answered, it’s likely that you’re ready for a customized game plan. Personal finance is personal, and everyone’s situation is different, so it’s no surprise that you’ll get more out of working with someone one-on-one, where they can get to know you and address your specific pain points. If you’re willing to make an investment of your time and money, it might be worth considering going the Stash Plan® instead, should you be eligible.