I’ve read that “fee only” advisors are better. Is this true?
No, there is no business model that is “right” for every advisor or every client. Because we view financial planning as encompassing more than just what investments you hold, we choose to offer a wide of solutions to fit your needs.
We believe a person’s moral compass is based on their upbringing not on their manner of compensation. The proper application of one’s knowledge, experience and expertise are also not determined by how they are paid. The fee-only concept markets well, but the reality can be very different.