Before you agree to work with a financial advisor, you need to understand exactly how they’re compensated. If you’re afraid you’ll seem rude by asking, don’t worry: Your advisor is required to ...
How To Find A Fee-Only Financial Planner You Can Trust Jean Chatzky: As we are looking for fee-only financial planners, what should we be looking for? Carolyn McClanahan: The most important thing is ...
Within the financial advisory industry, there’s plenty of debate about whether the fee-only model is always best for clients. That’s a separate question from adhering to the fiduciary standard, which ...
Jean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning. She is the co-founder of PowerZone Trading, a ...
Q: I am a mid-30s single woman who needs accountability in managing my finances and paying down debt. I have about $7,000 in credit card debt and $9,000 in student loans and I earn $55,000 a year. I ...
David Grant started out as a receptionist at a fee-only firm, trying to work his way up to eventually becoming a financial planner. But after three years at the firm, he realized that career track ...
Fee-only financial planners are compensated based on an hourly rate, a flat rate or a percentage of assets and/or income, not by commissions. Firms in the fee and commission section of this List might ...
Over the years, I’ve noticed a growing trend in my mailbox: readers in search of financial planners or advisers — or assistants. When taken in the message’s context, it’s pretty clear that not ...
The National Association of Personal Financial Advisors (NAPFA) has long occupied a unique and respected place in the financial planning profession. Founded in 1984 by visionary investor advocates, ...