How to Choose a Financial Advisor That's Right for You
…..Many professional associations have large directories. For example, the National Association for Personal Financial Advisors lists fee-only, fiduciary planners….
Tag: Fee Only
Rick Kahler: When is 'financial planning' not financial planning?
….Then I notice the incongruency because in almost every case, the ads are being run by companies that sell financial products or are owned by huge insurance companies…..
Why Should I Hire a Fee-Only Financial Advisor?
Fee-only financial planners are registered investment advisors with a fiduciary responsibility to act in their clients’ best interest – and the fee structure to support it.
The Truth About Financial Advisors’ Services and Fees
So, you have decided you want to leave the DIY behind and get some help with your money. That is, until you start searching and find that you need a degree in finance just to understand the different types of services and fees. Save yourself some time with this guide to the most common types of advisors, how they are paid and the duty they owe to you as their client.
The Types of Fiduciary Financial Advisors
Here we talk about the requirements to call yourself a fiduciary and the different types of fiduciary financial advisors, including: Fee-only fiduciaries. Certified financial planner fiduciaries. Registered investment advisor fiduciaries. Retirement advisor fiduciaries. Voluntary fiduciaries.
Fee-based vs. fee-only financial planners
Although “fee-based” and “fee-only” financial planners sound similar, they both have different fee structures and different obligations to investors. Here’s what you need to know about fee-based vs. fee-only financial planners.
Hiring a Fee-Only Financial Planner? Here’s What You Need to Look for First ( @ Clark Howard.com )
…….According to Barron’s magazine, some $17 billion is lost in retirement savings every year simply because dishonest financial advisors steer their clients toward investments that meet general suitability requirements but aren’t in the best interests of their client base. Why? These investments pad the advisor’s pocket with fat commissions. So now more than ever — in the absence of an official fiduciary rule requiring advisors to put their clients’ interest above their own — you have to be sure your advisor clearly discloses any conflicts of interest upfront before you agree to do business with them. That’s where Form ADV comes into play…
Fee-OnlyNetwork.com – Fee-Only, Fiduciary, Independent
The only financial planner or investment manager that can offer truly objective advice is an independent advisor operating under a strict Fee-Only compensation model.