Browsing: Fee Only

What’s Fee Only?

What’s Fee Only?

In the financial planning profession there is a small minority of planners that refer to themselves as “fee only”.  No one wants to pay fees so why would they promote themselves like this?   Fee only refers to the way that advisors are compensated.  It isn’t in addition to commission based compensation so it isn’t… read more

Financial Advisor Compensation Conflicts

In the financial services industry there are different types of financial advisors with different regulators and different compensation structures.  Financial advisors or planners are typically regulated by the SEC, FINRA and/or the state insurance commissioner.  Those regulated by the SEC can charge fees while FINRA and insurance licensed advisors are paid via commissions.  Some advisors… read more