Many of the clients we serve ask why we chose to be compensated for our work on an advice-only or hourly basis. The answer is simple. Most professionals are fee-for-service. Accountants, Attorneys, Auto Mechanics, Carpenters, Electricians, House Painters, Physicians, Plumbers, and even Undertakers all charge using the fee-for-service model. We believe it is the fairest, most transparent way to bill for our services.
Most Financial Services firms operate under one of four models:
Each has its inherent conflicts of interest. However, a professional Financial Planner operating under the Fiduciary standard will do their utmost to avoid conflicts of interest. If not avoidable, they must fully disclose any potential conflicts in the advice offered.
We believe that everyone deserves the opportunity to receive Competent, Trustworthy, and Affordable financial advice. Therefore, we are committed to the fee-for-service hourly as-needed model or ongoing subscription to deliver that advice.
We also realize this may not be a perfect fit for everyone. If you are looking for someone to use technical or fundamental analysis to provide intuition in the stock market, we will not be a good fit. We don’t pick individual stocks, we don’t attempt to time the market, or otherwise, try to add value through prediction-based investment approaches. We don’t sell insurance, annuities, or investment products. We aren’t the right firm for anyone looking for those services. Since we use technology extensively to help clients, we’re also not a good fit for anyone averse to using technology and tools.