The vast majority of financial planners are paid by commissions or a combination of commissions and fees (often called fee-based planners). Why is that important? Because commission compensated planners work for the company that pays their commissions. They don’t work solely for you. A fee-only planner, on the other hand, is paid only by the client. This means that a fee-only planner works for you - and only for you.

 

As a fee-only advisory firm, the recommendations that you receive are not influenced by any type of fee received by the providers of financial products, including investment funds, insurance companies, and estate attorneys.  I do not receive any form of compensation from the purchase or sale of financial products.  This assures you that there is no conflict of interest between my compensation and your best interest.  My only compensation comes directly from you, the client.

Fee-only Advantages

·     Objective advice

·     Eliminates conflicts of interest

·     Full disclosure of fees

·     Recommendation of the most appropriate products, without consideration of any factor except what is best for you

·     Ability to address a wide range of financial problems and issues (no need to focus only on issues that generate a commission)

·     Cost Savings