ARE ON YOUR SIDE OF THE TABLE
Fee-Only refers to how an Advisor is compensated.
A Fee-Only Advisor does not accept commissions or any other compensation
other than that which is paid directly by the client. Advisory
fees are established in advance, and are typically based on a percentage
of client assets, or set at a fixed or hourly rate.
Why is a Fee-Only
Advisor your best choice?
Our only form of compensation
comes directly from clients. We do not earn any commissions or fees on the
investments we make on behalf of our clients.
We don't sell you anything. Other advisors and
financial planners earn all or a large part of their compensation from
commissions on financial products, such as mutual funds, which they sell
to you. It can be difficult for those advisors to recommend no-load mutual
funds, or other low cost products or strategies even when it may be in
the best interest of the client. As long as they stand to gain financially
from certain products or strategies there is an inherent conflict of
interest. As a Fee-Only Advisor we avoid any potential conflict of interest
and provide advice and portfolio management services
that are completely objective.
Some investment companies require their
salespeople to sell particular products to clients. These are usually
the products that are financially beneficial for the investment
companies, not necessarily for the client. As a Fee-Only Advisor
we are independent and free to select any product in the investment
universe that is a good fit for our clients.
There is no reason to pay high commission costs
any longer. It is to our mutual advantage to find you low commissions
and eliminate as many fees as we can for you. Many former clients of
full service brokerage firms realize significant savings by switching
to the Fee-Only approach. (We generally use the online discount broker
TD Ameritrade as the custodian for our client accounts.)
As our fee is based on a percentage of your
assets we only make more money when your financial assets increase.
Our compensation is directly tied to your investment performance,
and therefore is properly aligned with your interests.
Our advisory fees are very reasonable. See our fee table to learn more.
CLICK HERE to view Fee Table (PDF)