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Chad Holmes, CFP®, CPA

Inheritance Specialist | Flat Fee Advisor for Families with Aging Parents

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Formula Wealth Chad Holmes, CFP®, CPA
Fairhope, AL

Serving Clients Nationwide

Inheritance Specialist | Flat Fee Advisor for Families with Aging Parents

(901) 262-1281

Website

Areas of Focus

  • Caregiving for Parents
  • Estate Planning
  • Financial Life Planning
  • Inherited Wealth
  • Investment Management
  • Retirement Planning
  • Taxes

About Chad Holmes, CFP®, CPA

Hi, I'm Chad Holmes. I work with baby boomers and their elderly parents in order to minimize taxes across two generations and make the inheritance process most efficient.

Multigeneration planning is very different than your average financial advisor engagement. Many common strategies won't apply, and many other opportunities are uniquely available to your family. As your fiduciary planner, I would love to get to know the unique dynamics that make up your family (the good and the bad!). As we get to know each other, we'll design implementable strategies that work for you so you can focus on what really matters: time with family.

Your parents have lived a long life, and have accrued a lasting legacy… assuming it's managed appropriately. They helped you along the way and now it's time to repay the favor. Partner with Formula Wealth as your financial concierge to make sure their wishes (and yours!) are pursued efficiently and effectively.

Don’t be so focused on their healthcare that you miss opportunities for wealthcare!

On a personal note, my wife Katelin and I call Fairhope home, where we're raising our two beautiful daughters, Georgia (2020) & Charlotte (2023). Katelin and I met in college, but did not begin dating until she was in medical school. We love spending time with their girls and watching them interact together as young sisters!

Katelin is a breast surgical oncologist here in Fairhope. We've lived in Tennessee, Texas, and Ohio, and are happy to be settled back in the South.

Professional Designations

  • CERTIFIED FINANCIAL PLANNER ®
  • Certified Private Wealth Advisor (CPWA)
  • Certified Public Accountant (CPA)
  • Chartered Retirement Plans Specialist (CRPS)

Affiliations

  • Fee Only Network
  • National Association of Personal Financial Advisors
  • XY Planning Network

Primary Location

Fairhope, AL, 36532

Video

Meeting Options

  • Video Conference
  • In-Person
  • Phone
Book Intro Call

Compensation Methods

  • Fee Only
  • Flat Fee

What to expect in the first meeting

Click the 'Book Intro Call' button above to schedule a free Zoom call. In this initial discussion, I do my best to learn about the needs, concerns, and goals for you and your family. I share my process, my investment philosophy, we review the fees, and I send a follow up email. I DON'T ASK YOU TO SIGN OR COMMIT TO ANYTHING IN THE MEETING. I look forward to speaking with you.

Offers Investment Management

Yes

About Formula Wealth

At Formula Wealth, I work closely with families to help them navigate the complex financial challenges that often come with caring for aging parents, managing estates, and preparing for retirement.

Many of my clients are in their 50s and 60s, balancing their own future with the responsibilities of multigenerational wealth planning. My approach is fully comprehensive, covering everything from tax optimization and investment guidance to risk management, estate planning, and legacy strategies.

As a fee-only fiduciary, I charge a flat annual fee of $20,000, with a minimum of $2 million in investable assets between both generations. This transparent structure allows me to provide advice that is entirely focused on my clients’ best interests, free from commissions or product sales.

Each client relationship includes quarterly updates, annual tax planning sessions, ongoing investment management, cash flow analysis, insurance reviews, estate document coordination, and guidance that spans generations. Whether I’m helping coordinate multiple family accounts, serving in roles like power of attorney, or structuring thoughtful wealth transfers, I provide personal, attentive service both locally and virtually to meet my clients wherever they are.

After more than a decade of experience, including managing over $50 million in assets, I founded Formula Wealth to offer a more personalized, engaged advisory experience by intentionally working with a limited number of families. I also authored The Inheritance Playbook, which has helped thousands of readers approach legacy planning with confidence and clarity.

My mission is to be a true partner for my clients and their families—helping them preserve their wealth, reduce their tax burden, and build a lasting legacy that benefits generations to come.

The Formula Wealth Difference

Multigeneration planning is very different than your average financial advisor engagement. Many common strategies won't apply, and many other opportunities are uniquely available to your family. As your fiduciary planner, I would love to get to know the unique dynamics that make up your family (the good and the bad!).

As we get to know each other, we'll design implementable strategies that work for you so you can focus on what really matters: time with family.

Education

University of Memphis, MAC, Accounting | University of Tennessee at Martin, Bachelor of Science in Business Administration, Majored in Finance, Minored in Accounting

Hobbies and Interests

  • Family

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Who We Serve

  • Baby Boomers
  • Corporate Executives
  • Dual Income Family
  • Gen X

To make Wealthtender free for readers, we earn a nominal monthly fee from financial advisors and firms in exchange for marketing services (including being featured on this profile page), subject to terms of use. This compensation creates a natural conflict of interest when we favor their promotion over others. Wealthtender is not a client of these advisors or firms. Testimonials may not be representative of other clients’ experiences and do not guarantee future performance or success.