What We Do

What We Do

Some people don't know or are confused about what fee-only advisors do for their clients. Here is a list of some of things we do and don't do. 

What we do:

  • Provide advice that is in the client's best interest. This means that if a client comes to me with an idea that doesn't make sense for their situation I have a duty to tell them so and not follow them blindly.
  • The heart of what we do is create and implement comprehensive financial plans so client's are prepared to handle all of life's financial needs.
  • Fee-only compensation paid directly by the client.
  • Disclose all conflicts of interest.
  • Disclose all costs.
  • Challenge you to think about and answer tough financial questions.
  • Help clients complete a budget.
  • Worry about things in our control: costs, asset allocation and location, savings, having a financial plan.
  • Use diversified asset allocation models with the goal of managing risk and earning returns without extreme ups and downs.
  • Evaluate insurance policies to make sure you are protected and possibly save you money.
  • Look for ways to limit taxes.
  • Consult with the client's CPA, estate planning attorney and other advisor's to make sure we are trying to accomplish the clients goals.
  • Be your advocate
  • Remind you when you are straying from your goals.
  • Help you allocate all your investments including 401(k), 529 plans, IRAs, joint accounts, etc.
  • Meet with client's children and grandchildren to pass on your values about money.
  • Help you make decisions about diverse subjects including home financing, car purchases, business succession.
  • Set up individual and business retirement plans.
  • Education funding options and investment savings plans (529s).
  • Free to use investments that we believe are best for the client.
  • We are free to work with companies that we believe provide valuable solutions to our clients and our business.
  • We are patient and do our best to keep emotions out of our decisions and advice.

What we don't do:

  • WE ARE NOT BROKERS.
  • We don't offer hot stock picks.
  • We don't sell insurance or financial products. 
  • We don't deviate from our chosen investments. If we are evaluated based on performance then we are going to invest in what we believe in.
  • We don't day trade.
  • We don't work for a brokerage firm or a bank.
  • We don't hide fees.
  • We don't receive kickbacks.
  • We don't work with one fund company.
  • We don't buy stocks or funds based on TV personalities recommendations.
  • We don't have managers pushing us to sell one product over another because it pads the corporate bottom line.
  • We don't pay referral fees or receive referral fees.

 

Hidden Costs: Revenue Sharing

Hidden Costs: Revenue Sharing

Q2 2015 Recap

Q2 2015 Recap