How We Are Compensated, as a Fee-Only Advisor
We are compensated in the following ways:
Financial Planning Fees
We charge for our comprehensive financial planning services based on the complexity of your situation and the scope of services you need. Our fee structure is flexible - it can be a one-time, hourly rate, or recurring fee. This approach ensures you receive thorough, tailored planning advice regardless of your investable assets.
Investment Management Fees
We calculate our investment management fees as a percentage of your investment portfolio that we manage for you. As your assets grow, our percentage fee typically decreases, creating a tiered structure that rewards your increasing wealth. This fee covers our professional oversight and management of your investment portfolio, ensuring our interests are aligned with your success as we work to grow your assets over time.
Why Choose a Fee-Only Advisor
As a fee-only advisor, we eliminate potential conflicts of interest in our relationship with you. We don't receive commissions or kickbacks for recommending certain investment products over others. This allows us to provide unbiased advice solely in your best interest, without the influence of product sales. Our focus is entirely on what's best for you and your financial future, ensuring our recommendations serve your goals.
What is a Fiduciary
As fiduciaries, we are legally and ethically bound to act in your best interest at all times. As a Certified Financial Planner® professional and Accredited Investment Fiduciary®, we hold ourselves to this fiduciary standard, meaning we always put your interests ahead of our own. This commitment ensures that all the advice and recommendations we provide are solely in service of your financial well-being. You can trust that every decision we make, and every strategy we recommend is designed to benefit you and your financial future, not our bottom line.
What are Transparent Fees
We believe in complete transparency with our fees. As part of our fee-only model, we provide clear, upfront disclosure of all our charges and how we calculate them. This allows you to understand exactly what you're paying for and how it relates to the services you receive. Our goal is to ensure you're fully informed about the value of our advice, enabling you to make confident decisions about your investment in our partnership. We want you to always know what you're paying and why, fostering trust in our relationship.
How Does This Compensation Model Benefit You
Our flexible approach of offering Investment Management services separately or alongside Financial Planning allows us to meet your unique needs. We can tailor our services to your specific financial situation, whether you're looking for comprehensive wealth management or focused investment guidance. This customization ensures you receive and pay for only the services that align with your financial goals and preferences.
This client-centric model fosters a relationship built on trust and accountability, focusing squarely on achieving your financial goals. With this flexibility, you can choose the level of service that best suits your current needs, knowing that we're committed to your financial success every step of the way.
