Cost counts! There’s a lot of confusion about what “fee only” means. Fee only includes advisors that charge a percentage of what you keep in your brokerage account. When an advisor’s compensation is based on the brokerage account, guess what the center of the relationship will be. That’s right, the brokerage account. This leaves all the other areas of planning untended. But those other areas are where the real value in working with an advisor lies! Investment related fees and expenses are one of the eroding factors that can undermine an investment strategy.

Managed money is a losing proposition, for investors. If any manager could really beat their benchmark index consistently, we’d all give that manager our money. If anyone could beat the market, there would be no market.

We do not charge asset-based fees for investment advice and implementation. Most other advisors do.