Most brokers, investment advisors, and financial planners are compensated by commissions from the providers of products recommended and sold. In fact, these "advisors" only provide advice that is incidental to the sale of a product. Most of these costs are never disclosed to the client.
In contrast, fee-only investment advisors are compensated solely by fees paid by their clients and do not accept commissions or compensation from any other source. We believe that there is a serious conflict of interest if the advisor stands to gain financially from the purchase of any investment product he or she recommends to the client. Our company was founded on the principles of transparency, accountability and fiduciary duty - putting the client's best interest first at all times.