Every financial advisory compensation model has conflicts, despite the fact that “fee only” is often promoted as conflict-free, says Financial Planning Association President Shannon J. Pike. Advisors promote themselves as “fee only” because it is.
What are the largest financial ... is fee-based, commission and fee-only. An interactive and expanded digital version of The List is on our website here, and includes extra content, including the year founded locally, number of local-area certified.
To help cut through the confusion and clutter, the Financial Industry Regulatory Authority (FINRA) has a database that allows you to vet the credentials of anybody who tries pitching you on an investment. The financial planning ... with a fee-only.
Heritage Financial Planning www.HeritageFinancialPlanning.com was the first fee-only firm in history to be named Practice of the Year by Peak Advisor Alliance. ATLANTA, Sept. 26, 2017 /PRNewswire/ -- Atlanta has a new fee-only financial planning firm.
Before you throw in the towel on your financial advisor, we want to make a few points clear. Specifically, financial advisors can add value through a combination of investment management, financial planning ... We advocate for fee-only advisors, which.
I read your column on financial planners with interest. I agree with your statement that fee-only financial planning eliminates a major conflict of interest -- namely, recommending what's profitable for the seller rather than what's good for the buyer.
If you're nearing retirement, you've probably realized the planning involved is about ... any possible conflicts of interest. Not all financial professionals are fiduciaries. For example, those who sell only insurance products are not held to the fiduciary.