Why is a fee based planner better than a commission based planner?
How Mike Mills Wealth Management is paid is not as important as providing unbiased advice that positions clients in the best situation to accomplish their goals. That said; Commission based planners often face more perceived conflicts of interest and have far fewer product choices. By operating in a flat fee based environment with full disclosure, Mike Mills Wealth Management is free to recommend investment vehicles that we feel are best suited to fit client’s situation. It also means we are able to seek any investment public or private. Many private investment opportunities like private equity & real estate are typically avoided my most investment firms even though they have been one of the most successful investment areas because compensating the advisor is not allowed by their broker dealer.
