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Fee Only Advisor

What is a fee only advisor and why work with one?

A fee only advisor is one who charges only a fee for services, never a commission.  As a result, there are no hidden fees or commissions paid to me the advisor.  I am now a fee only advisor, and all expenses and fees paid by you  are completely transparent.

For example, if I do a financial plan for you, we will agree upon a fee (either fixed or hourly).  There will be no sales of financial products tied into my recommendations.

If we agree to have me manage your funds, we will agree on a fixed percentage of assets.  Again, there will be no products sold or recommended which involve paying me a commission.

In the sale of some products, the advisor may earn up to 7% or more commission, for each dollar you invest.

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