Skip to content

Fiduciary Fee-Only Financial Planning, Objective and
Unbiased Advice

Overview

A Fiduciary Fee-Only Advisor is compensated solely by the client with neither the advisor nor any related party receiving compensation that is contingent on the purchase or sale of a financial product.  We do not receive commissions, rebates, awards, finder’s fees, bonuses or other forms of compensation from others as a result of a client’s implementation of the individual’s planning recommendations.  “Fee-offset” or fee based arrangements, 12b-1 fees (see below), insurance rebates or renewals and wrap fee arrangements that are transaction based are examples of compensation arrangements we do not benefit from.
Fee-Only Compensation is of critical importance as the advisor is not dependent on commissions or other forms of compensation based on their client acting on their recommendations.  Since such compensation creates an inherent conflict of interest and cannot be considered objective and unbiased.  This is true even if the advisor truly believes that he/she has only the best interests of the client at heart.
Even if you put aside the conflict-of-interest factor, limiting of choices that generate income may impact the quality of investment advice.  These advisors (sellers) include stockbrokers, analysts, insurance agents, some accountants and some attorneys, and other financial planners.  Most clients os such advisors are not aware of their advisors’ dependence on and often obligation to sell products, or do not recognize its significance in relation to the execution of their financial plan.Many of the problems relating to financial affairs – including the mismanagement of debt, failure to protect retirement assets and poor allocation of savings and investments – relate directly to the conflicts of interest. A Fiduciary Fee-OnlyAdvisor, on the other hand, provides peace of mind that they are objective, unbiased and minimize any conflicts of interest.  Use of no-load and low-load products and discounted services reduce the costs incurred by clients.  We are not limited to company-sponsored offerings or obligated to sale-driven opportunities.

Fees

Your planning cost will be determined and based on factors such as: complexity of your financials situation; your financial goals; composition of your income, assets and liabilities; completeness of the information provided and our involvement in implementing our recommendations.
Generally the cost is a fixed retainer. If you prefers, the cost can be based on an hourly charge (generally $250.00 per hour) or value of your assets. Our experience is that client participation is increased when the cost is fixed at the start of our relationship.
A portion of the cost will be paid before any services are performed. The balance is payable when recommendations and observations are presented. Depending on the specific agreement, additional fees may apply as the plan is implemented. All of which will be fully disclosed before-hand.
The agreed fee arrangement will be reflected in a written Agreement prior to the services being performed.
The minimum comprehensive financial planning fee is $2,200.
The minimum project-based financial planning fee is $250.
Financial Planning costs for consulting and are based on an agreed hourly rate. Our current hourly rate is $250.
The hourly rate will be reflected in a written Agreement prior to the services being provided.
Portfolio Management Services costs are also provided on a fixed retainer. The cost is based on factors such as: complexity of your financials situation; your financial goals; composition of your income, assets and liabilities; completeness of the information provided and our involvement in implementing our recommendations.  Fees may be negotiated based on unusual and unique individual circumstances.  All fee arrangements will be reflected in a written Agreement.Investment Analysis Services fees are determined based on the complexity of the situation, nature of assets and related factors. The fee can be determined based on: the value of the assets, hourly charge, or fixed fee basis as mutually agreed to with the client prior to the services being performed. A retainer of 25% of the estimated fee, if in excess of $1,000, will generally be required before the services are performed. The balance will be due when the service has been provided.
The agreed fee arrangement will be reflected in an Agreement prior to the services being performed.
The minimum fee for investment analysis services is $250.

KNOWING YOUR PLANNING FEES UPFRONT CAN MAKE ALL THE DIFFERENCE.

CALL 847-328-8011 TODAY TO DISCOVER THE DIFFERENCE
A FEE-ONLY ADVISOR CAN MAKE.