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Glossary

At Ignite Financial, we take financial planning seriously, but we also believe a sense of humor can make learning a bit more fun. Hover over each term to see our tongue-in-cheek take on these common financial concepts.

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12b-1 Fee
A 12b-1 fee is an annual marketing or distribution fee charged by some mutual funds, usually as part of their expense ratio. It is meant to cover advertising, broker commissions, and other costs related to selling the fund, typically ranging from 0.25% to 1% of assets under management.
Active Management
A strategy where fund managers try to outperform the market by picking stocks, timing trades, and making investment decisions based on research, forecasts, and analysis. It often comes with higher fees and the promise (but not the guarantee) of beating passive index funds.
12b-1 Fee
A 12b-1 fee is an annual marketing or distribution fee charged by some mutual funds, usually as part of their expense ratio. It is meant to cover advertising, broker commissions, and other costs related to selling the fund, typically ranging from 0.25% to 1% of assets under management.
Active Management
A strategy where fund managers try to outperform the market by picking stocks, timing trades, and making investment decisions based on research, forecasts, and analysis. It often comes with higher fees and the promise (but not the guarantee) of beating passive index funds.
Bond
A bond is a loan you give to a government or company in exchange for periodic interest payments and the return of your money at a set date. It's considered a safer investment than stocks but still carries risks, like inflation eating away at its value or the issuer failing to pay you back.
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At Benchmark Financial, we aim to educate as much as advise. Here is our database of recommended books, videos, and terms to further educate yourself.

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This option is for those who are reired, or close to retirement, and may have a more complex financial picture.

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Investment Management

At Benchmark Financial, we aim to educate as much as advise. Here is our database of recommended books, videos, and terms to further educate yourself.

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A project based financial plan is charge as a flat-dollar fee. This fee may vary depending on the complexity of your situation, and can be broken up into separate payments for your budgeting purposes.

$1,500 - $4,000

One Time Fee

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Wealth management allows for an ongoing relationship where we meet at regular intervals throughout the year and discuss relevant topics.

Total personal assets

Annual
Advisory Fee

$0 - $500,000

0.85%

$500,001 - $1,000,000

0.75%

$1,000,001 - $2,000,000

0.65%

$2,000,001 - $5,000,000

0.45%

$5,000,001 - $10,000,000

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0.20%*

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