Good Financial Cents

JULY 6, 2023

How about the teenager who made millions on Bitcoin after investing what he had at the time ($1,000) in 2011? Who It’s Best For: Many online brokers are a great option for investing in fractional shares since there are no commissions and no minimum balance required to get started. Ads by Money.

Investments 98

Investments Investing Accounting Certification 98

Sara Grillo

OCTOBER 21, 2022

Fee-only advisor – This is an advisor that does not charge commissions and hence is believed to be more aligned with the client’s best interests. Paraplanners can also hold various designations such as the CFP® certification , ChFC, Enrolled Agent, CPA, etc. Fee-only advisors are bound to the fiduciary standard.

Insurance 98

Insurance Financial Planner Fee Only Financial Advisor 98

Sara Grillo

AUGUST 14, 2023

If their sole method of compensation is a product, and/or they are taking commissions, then in reality it is less likely they are embracing all the values that the standard requires. Commissions are opaque. Rostad is president of the Institute for the Fiduciary Standard , a not for profit think tank formed in 2011.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52