Avid Planning

AVID Planning serves primarily individual clients, including high-net-worth households, and provides investment management alongside comprehensive financial planning services such as retirement planning, college savings, business planning, and risk-management reviews. The firm operates on a fee-only basis and may refer clients to unaffiliated attorneys, accountants, and insurance professionals without receiving referral compensation.

The firm’s investment approach emphasizes asset allocation and Modern Portfolio Theory, using a mix of passive and active strategies across stocks, bonds, mutual funds, and ETFs, and may include vehicles such as REITs and options where appropriate. AVID generally manages client accounts on a discretionary basis, favors longer-term holdings while employing shorter-term trades when opportunities arise, and relies on custodian valuations and regular monitoring to maintain target allocations.

Notable operational features include a two-advisor team managing roughly $58.5 million for about 69 clients and a packaged planning program that combines planning and management with an upfront payment and a short-term satisfaction refund option for new clients. The firm’s fee schedule uses a blended/tiered structure that materially reduces fees as account size grows, it does not accept third-party sales compensation, it does not provide proprietary performance reports beyond custodian statements, and it leaves proxy voting to clients.