How do the advisors get paid?

In almost all cases, the advisors are paid fees for their services, and the fees can be collected in two ways:

  1. Fees for Financial Planning: A client can pay an upfront fee, an hourly fee, or a retainer fee, to do an objective analysis of their current situation, and that plan comes along with recommendations tailored to the client’s situation, risk tolerance and overall objectives. While there is no obligation to implement the recommendations after the planning process is complete, the advisors can implement any and all suggestions they make, if the client wishes to work with that advisor.
  2. Fees to manage assets: In almost all cases, it makes the most sense to manage assets in a fee-based environment as opposed to a commission environment. We can charge fees as a percentage of the asset or a flat fee, depending on the client’s desires and situation.
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