Timeline for Need something more basic than a financial advisor or planner
Current License: CC BY-SA 3.0
5 events
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| Mar 18, 2015 at 18:00 | vote | accept | CommunityBot | moved from User.Id=12515 by developer User.Id=110655 | |
| Jan 22, 2015 at 14:07 | comment | added | dg99 | @briantist It is typically an hourly fee. Since a significant portion of the clients who use their services have negative assets (a.k.a. debt), I don't think they'd do very well to charge against "assets under management". :) Check out the website I linked for more info. | |
| Jan 22, 2015 at 5:28 | comment | added | briantist | I have always heard this term "fee only" and I understand that it's in contrast to someone who works on commission. What I'm not clear about is what kind of fee this is. Is it a flat fee, like per visit? Is it per service offered with varying fees depending on what your needs are? Is it a straight up hourly fee? Or is it based on a percentage of assets unset management? | |
| Jan 21, 2015 at 19:07 | comment | added | JAGAnalyst | +1 for Fee only referral. Also, while they will charge you fro their time, they will not spend the whole time trying to steer you into buying mutual funds and/or life insurance. They will actually address your questions. The only downside is that their rates usually reflect the more complex financial situations that make up most of their work. | |
| Jan 21, 2015 at 17:43 | history | answered | dg99 | CC BY-SA 3.0 |