Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is fee-only financial planning?

April 26, 2017Fee-Only Financial Planning

0

Posted

What is fee-only financial planning?

2 Answers

0

Posted

The term Fee-Only refers to the method of compensation for the financial planner. A Fee-Only planner is compensated by fees paid by clients, not commissions, referral fees, or other reimbursements based on sales of products or services. The recommendations you receive from a Fee-Only financial advisor are in your best interest only.

0

Posted

Fee-only financial planning means that advisers are compensated through client fees only. The adviser does not accept commissions or other fees related to the sale of specific financial products. As a result, the adviser has removed the largest source of conflicts of interest and can compellingly offer objective investment advice in the best interests of his clients. For more about fee-only financial planning, please see our Code of Ethics, Fiduciary Oath and member requirements by visiting our member website www.NAPFA.