Compensation transparency and a lower chance of conflicts of interest are two pros of using a fee-only financial advisor.
In my role as chief business development officer at Commonwealth, I’m always looking for trends that can lead to new clients, prospects and AUM for our advisers. One area I’m watching closely is the ...
Certified financial advisory writes in: "I cringe every time I hear you recommend people seek out only fee-only financial ...
Organic; natural. Vegetarian; vegan. Terms can be critical to understand, especially when it involves getting what you meant to! If there is a field where definitions that are seemingly obvious be can ...
When selecting a financial professional, how they are compensated should be at the top of your considerations. There are different compensation models for financial advisors. How they get paid tells ...
“Fee-only” compensation — for over a decade an effective rallying cry for the RIA movement — is now more strictly defined under the CFP Board’s revised rules, whose enforcement period began this month ...
When looking for a financial advisor, you’ll encounter various compensation arrangements, including fee-only advisors and fee-based advisors. Fee-only advisors and fee-based advisors sound very ...
Before you agree to work with a financial advisor, you need to understand exactly how they’re compensated. If you’re afraid you’ll seem rude by asking, don’t worry: Your advisor is required to ...
Money expert Clark Howard puts a lot of emphasis on you taking control of your financial future by investing. When you’re younger, starting out by contributing to your company’s 401(k) or to a Roth ...
The fiduciary standard takes center stage in the National Association of Personal Financial Advisors (NAPFA) recently unveiled strategy for the next three years, Strategic Framework | NAPFA. NAPFA is ...