You can look for a Fee-only advisor in your area.
A fee-only advisor gets compensation only from you, so she is beholden to no one else.
Following this checklist will eliminate the majority of advisors, enabling you to locate the right fee-only advisor for you.
Fee-based advising is confusing because like the fee-only advisor, the fee-based advisor provides financial planning for a fee.
Many experts say that a fee-only advisor is preferable, to eliminate conflicts of interest and ensure he or she always acts with your best interest at heart.
You can start by having a fee-only advisor put together a long-term financial plan and running it by the group for comment.
But, a fee-only advisor is probably not going to recommend any commission-based product that could be an appropriate fit for a client, instead deferring to fee-based accounts.
If you are looking for professional advice, you may wish to use the services of a fee-only advisor where there are no commissions when you acquire the investments.
Once you decide on the person you'd like to hire, get it in writing that they are a fee-only advisor who will act as a financial fiduciary with you 100% of the time and that they'll fully disclose any conflicts of interest.
To fee-only advisor Lara Lamb, director of financial planning for Abacus Wealth Partners, Post is at a crucial phase.
With electronic interfaces and all of this information, many people want a fee-only advisor for help in making decisions.
