Facet Wealth Review for 2024: Ready To Start Planning Your Future?

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Written By
G. Dautovic
January 11, 2024
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If you're looking for a comprehensive wealth management solution, Facet Wealth may be a good option to consider. This company offers a wide range of services, including investment advice, estate planning, and tax preparation. But how does Facet Wealth stack up against its competitors?

In this Facet Wealth review, we'll take a closer look at what this company offers and compare it to some of the other major players in the space. We'll also discuss who is an ideal candidate for Facet Wealth's services. Finally, we'll give our thoughts on the pros and cons of using this company's services so that you can make an informed decision about whether or not it's right for you.

Account minimum:

Flat annual fee

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Fortunly Rating

Fortunly's Rating: Our editorial team determines the rating based on a set of evaluation criteria developed for each product and service category.

Account minimum:
BBB rating:
Annual fee:
$1,800 to $6,000
Customer support:
Phone, email
pros thumb up Strengths
  • Flat annual fee
  • Initial consultation is free
  • Each user gets a dedicated CFP professional
  • No hidden fees
  • No additional fee for managing investment assets
pros thumb up Weaknesses
  • Doesn’t have a mobile app
  • No in-person meetings

What Is Facet Wealth?

Facet Wealth is a financial planning and investment management firm that serves people of all income levels. The company was founded in 2016 by Anders Jones, Patrick McKenna, and Brent Weiss.

It is headquartered in Baltimore, Maryland, but has clients across all 50 states and more than 100 registered CFP professionals.

The main focus of Facet Wealth is to provide comprehensive financial planning services to help people save for retirement, pay down debt, and build wealth. Or, as the company states on its website: "empower people to live more enriched lives by delivering a new standard of financial advice that elevates expectations across the industry." 

So, how does Facet Wealth work? The company starts by getting to know its clients and their financial goals. It then creates a personalized financial plan based on that information. Finally, Facet Wealth provides ongoing support and advice to help clients stay on track with their goals. 

Facet Wealth's investment philosophy is based on the belief that sustainable, long-term wealth creation is only possible through investing in companies that generate value for all their stakeholders, not just shareholders. 

Facet Wealth Features

Facet Wealth provides a variety of services, including investment advice, retirement planning, estate planning, and tax preparation.

The company has a team of financial planners who work with clients to create a personalized financial plan. This plan is designed to help you achieve your short-term and long-term financial goals.

Facet Wealth has many features that set it apart from its competitors. These comprehensive features make it an ideal solution for those looking for a one-stop shop for financial planning. You can use Facet Wealth in a number of ways.

For Your Career Goals

If you're looking for help with your career goals, Facet Wealth can provide you with advice on how to advance in your field, negotiate a raise, or switch careers. The company also offers a service that provides personalized job recommendations based on your skills and experience.

For Your Retirement

Facet Wealth can help you plan for retirement by creating a personalized retirement plan. This plan will take into account your current financial situation, goals, and expected retirement date.

A Facet Wealth financial advisor will review your current situation and provide guidance on how to save for retirement and how to invest your money so that you can reach your goals.

For Your Family

If you're planning on starting a family, Facet Wealth can help you with financial planning for this major life event. The company will work with you to create a budget and provide tips on saving for your child's education.

Facet Wealth can also help you with estate planning so that your family is taken care of in the event something happens to you.

For Your New Home

If you're planning on buying a home, Facet Wealth can help you with the financial aspects of this major purchase. The company will work with you to create a budget and plan how to save for a down payment.

Facet Wealth can also help you with the mortgage process and provide advice on how to get the best interest rate. The robust knowledge center on its website covers all aspects of home buying.

How Much Does Facet Wealth Cost?

Facet Wealth charges an annual flat fee based on the services you choose. The company’s annual fee starts at $1,800 and can go up to $6,000 per year.

Unlike many other financial planning companies, Facet Wealth does not have any fees on assets under management or any commissions on the services it provides. You'll know exactly how much you’ll be paying each year, and there’ll be no surprises.

Facet Wealth Sign-Up Process

If you're interested in using Facet Wealth, you’ll be glad to know that the sign-up process is very simple and involves only a few steps.

You should start by filling out the form on the Facet Wealth website. To do this, you’ll be asked to provide your first and last name, email address, and phone number. After you've submitted the form, you can expect a call from a Facet Wealth representative within 24 hours.

During this call, you’ll get the chance to ask any questions you have about the company and its services. The expert will also assess your financial situation and goals to see if Facet Wealth is the right fit for you.

If you feel ready and would like to move forward with Facet Wealth, you can schedule a meeting with your own CFP professional at Facet Wealth and get started on creating your personalized financial plan.

Who Is Facet Wealth For?

Facet Wealth offers a bundle of advanced tools that make it ideal for those who are looking for comprehensive financial planning. The company can help people looking to save for retirement, buy a home, or start a family.

This is a good solution for those who want to get started with financial planning but don’t know where to begin. Facet Wealth is also a great choice for those who want to work with a team of experts to create a personalized financial plan.

How Does Facet Wealth Compare to its Competitors?

When it comes to financial advisors, there are many different companies that you can choose from. Facet Wealth is an excellent option, but it's not the only one. Here's how it compares to some of its major competitors.

Facet Wealth vs. SmartAsset

Both companies offer a comprehensive approach to financial planning and provide a wide range of services to their clients. However, there are some key differences between the two companies.

Facet Wealth is focused on providing high-quality advice and services to its clients. The company has a team of certified financial planners who work with clients to develop customized plans. In addition, clients can use a suite of online tools and resources to manage their finances.

On the other hand, SmartAsset provides a more automated approach to financial planning. The company offers a variety of online calculators and tools that clients can use to plan their finances. In addition, SmartAsset provides access to a team of financial advisors who can offer guidance and support.

While both companies offer a comprehensive approach to financial planning, each one has its unique strengths and weaknesses. As such, it’s essential to evaluate your needs to choose the best provider for you.

Facet Wealth vs. Empower

Both of these companies offer comprehensive financial planning services, but there are some key differences between them.

While Facet Wealth is a financial advisor service focused on the human touch side, Empower is a combination of a traditional financial advisor and a robo-advisor. This means that you’ll get the best of both worlds: human financial advisors to provide guidance and support, as well as automated tools to help you manage your finances.

When it comes to investment management, both firms offer similar services, but Empower requires a minimum investment of $100,000, while Facet Wealth has no minimum investment requirement.

And finally, when it comes to fees, Facet Wealth charges a flat annual fee, while Empower charges a percentage of assets under management.

So, which option is right for you? That depends on your individual needs and circumstances. If you're looking for comprehensive financial planning and are comfortable working with a traditional advisor, Facet Wealth may be a better choice. 

However, if you're looking for a more automated approach and don't mind paying fees based on a percentage of your assets, Empower may be a better option.

Facet Wealth Reviews from Customers

Although it has an A+ rating with the Better Business Bureau, there are some customer reviews that aren't that glowing.

Some customers have complained about the high fees charged by the company. Others have said that the customer service team is not as responsive as they would like it to be, and they had trouble getting their refund requests processed.

If you're considering working with Facet Wealth, it's important to weigh both the positive and negative reviews to ensure that the company is a good fit for you.

Final Thoughts

As we conclude this Facet Wealth review, we can say that Facet Wealth is a good choice for financial planning and investment management. The company has some great features, like its flat-fee pricing structure and ability to work with clients with a wide range of asset levels.

Overall, Facet Wealth is a great solution that can help you achieve your financial goals. Whether you’re looking for long-term investment advice or short-term financial assistance, Facet Wealth can help you. However, you should be aware of the fees before you sign up for this service.


Is it easy to cancel my Facet Wealth subscription?


If you're unhappy with Facet Wealth's services, you can cancel your subscription at any time. There is no cancellation fee, so you can cancel without worrying about a penalty.

How is Facet different from robo-advisors?


Facet Wealth differs from robo-advisors because it offers a more human touch. Unlike traditional robo-advisors that mostly manage money, Facet Wealth provides complete financial planning with over 100 human advisors ready to help you manage your finances.

Is Facet Wealth worth it?


Facet Wealth charges for its services based on each client's needs and goals. Whether or not it's worth it will depend on your individual financial circumstances. If you don't have the time to go through Facet Wealth reviews, you can always speak to one of the company’s human advisors to get a better idea of what the company can do for you.

The company offers a free consultation to help you determine whether its services are right for you. If you decide to move forward with Facet Wealth, its experts will create a personalized financial plan and invest your money. The company's fees range from $1,800 to $6,000, based on the complexity of your financial situation.