Chad Holmes, CFP®, CPA
Inheritance Specialist | Flat Fee Advisor for Families with Aging Parents
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Serving Clients Nationwide
Inheritance Specialist | Flat Fee Advisor for Families with Aging Parents
Areas of Focus
- Caregiving for Parents
- Estate Planning
- High Net Worth
- Multi-Generational Wealth
- Taxes
About Chad Holmes, CFP®, CPA
Hi, I'm Chad Holmes. I work with baby boomers and their aging parents in order to minimize taxes across two generations and make the inheritance process most efficient.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.
Don’t be so focused on their healthcare that you miss opportunities for wealthcare!
My wife Katelin and I call Fairhope, AL home, where we're raising our two beautiful daughters, Georgia (2020) and Charlotte (2023). Katelin is a breast surgical oncologist here in Fairhope.
Professional Designations
- CERTIFIED FINANCIAL PLANNER ®
- Certified Private Wealth Advisor (CPWA)
- Certified Public Accountant (CPA)
- Chartered Retirement Plans Specialist (CRPS)
Affiliations
- American Institute of CPAs
- 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
Compensation Methods
- Fee Only
- Flat Fee
- Offers Advice-Only Services
- One-time Financial Plan
What to expect in the first meeting
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. No pressure. Just a "get to know each other" conversation.Offers Investment Management
Yes
About Formula Wealth
LIFE AUDIT: New service line in 2025 for DIYers or those wanting a second opinion. One Month. Three meetings. One flat fee. Check out https://www.formulawealth.com/lifeaudit for more!For ongoing engagements, 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
- guidance that spans generations.
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.
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
- Beach
- Family
- Grilling
- Pickleball
SEC Lookup
View DisclosureWho We Serve
- Baby Boomers
- Blended Family
- Corporate Executives
- Gen X
- Intergenerational Families
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