We offer a wide variety of services, each of them with different types of compensation. We are independent financial advisors and are not paid more to recommend one company over another. We have access to thousands of different investment and insurance companies and we make our recommendations based on each individual client situation. We are paid predominantly in three ways:
– If we work together in helping you manage your portfolio of investments, we will be paid for that service based on a fee of assets under management.
– If we help clients with insurance planning, we are paid a commission from whatever insurance company we utilize and those fees are already factored into the cost of the insurance product. In addition, certain investment products are only available on a commission-based platform.
– If we work together in helping you create your financial plan without implementing an asset management strategy through us, we will be paid a flat fee for being your financial planner, just like you would pay your attorney or CPA.