Answer: Because we are Fee-Only financial planners, we do not accept sales commissions, bonuses, or other third-party compensation. We work solely for the benefit of our clients. Because we do not sell financial products such as investments and/or insurance, there are no third-party relationships or outside influences to color our thinking or our financial recommendations. For more information on Fee-Only financial planning, including our Code of Ethics, Fiduciary Code and member requirements, please visit www.NAPFA.org.
In addition, our firm is a Registered Investment Adviser (RIA); as such, we must comply with a host of regulations designed to protect the consumer. One important question you should always ask when considering a financial planner’s services: ”May I please have a copy of your ADV Part II?” This document contains important information about the planner’s qualifications, fiduciary duties, history of any past violations, etc. Our ADV Part II is posted on our web site under Client Resources.