Also, we will collectively call the minimum and maximum points of a function the extrema of the function. So, relative extrema will refer to the relative minimums and maximums while absolute extrema refer to the absolute minimums and maximums.
Cost. More and more advisors are offering this type of service with a monthly retainer. Often they will charge $500-$2,000 upfront for the initial planning phase and then charge a monthly fee of $50 â $300 per month depending on the complexity of your financial needs.
Details are shown in Chart 1 below. As you can see from Chart 1, the estimated average cost of food per month for 2 ranges from close to four hundred dollars ($400) on a thrifty plan to almost eight hundred dollars ($800) on a liberal plan.