XY Planning Network

JANUARY 15, 2024

We know from experience that if you’re considering going out on your own in the financial services space, you may want to think twice before you start bragging about it at your office.

Financial Services 100

Financial Services Communication Planning Fee Only 100

eMoney Advisor

MAY 1, 2023

When she joined the financial services industry in an advisor support role, she initially aspired to become a financial planner. Regularly one of the highest-ranked NAPFA-registered fee-only financial advisors, he has set the bar for Zhang Financial characteristically high. ” Achieving the No.

Financial Planning 101

Financial Planning Planning Financial Planner CFP 101

WiserAdvisor

AUGUST 18, 2023

Knowing the types of financial advisors and their compensation models can empower you to select a professional whose approach aligns seamlessly with your financial goals, risk tolerance, and overall budget. Below are the different types of financial advisors you can choose from based on their fee model: 1.

Financial Advisor 52

Financial Advisor Commission Fee Only Financial Planning 52

Tobias Financial

NOVEMBER 29, 2022

Fiduciary advisors are generally fee-only. In this structure, they charge a specific fee for the work they provide, untethered to any products or investment options they recommend. With brokers, investment decisions are ultimately driven by the financial services firm, and the products and services they represent.

Wealth Management 52

Wealth Management Fee Only Clients Commission 52

Sara Grillo

MARCH 22, 2024

Steven Kampschmidt Home Freedom Found Financial Andy Panko [link] Tenon Financial New Mexico Jose Sanchez [link] Flat fee financial planning for families living with and through Alzheimer’s New York State Laura Rotter www.trueabundanceadvisors.com I am an annual retainer, flat fee advisor.

Financial Planning 52

Financial Planning Fee Only Financial Planner Financial Advisor 52

Inside Information

APRIL 26, 2024

The Financial Services Institute would tell regulators that they would be ‘forced’ to give up their smaller accounts if they were regulated as fiduciaries. Or that FINRA is going to take over the regulation of all advice-givers, and bring the hammer down on those fee-only ‘rogue brokers.’ Examples abound.

Fee Only 40

Fee Only Professional Services Clients Management 40

Sara Grillo

JANUARY 8, 2024

While financial planning has become more popular, it’s still not center stage for most advisors. I’ve got Zack Hubbard , the director of financial planning and participant engagement at Greenspring Advisors, a fee only RIA. While financial planning has become more popular, it’s still not center stage for most advisors.

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Financial Planning Accounting Planning Financial Advisor 64

Harness Wealth

MAY 25, 2023

The primary fee structures are: Fee-only : Advisors only receive payment from their clients for the services they provide, not receiving any commissions or other incentives from product providers. Fee-based : This structure is a blend of fees and commissions. Financial Advisor FAQs 1.

Financial Advisor 52

Financial Advisor Certified Financial Planner Ethics CFP 52

Sara Grillo

MAY 24, 2024

There are websites such as NAPFA, fee only network and XYPN that offer advisor search directories. If you don’t understand what each service entails, ask. Protect yourself from the financial services industry! 3 I’m writing a book about how to find a financial advisor who won’t ruin your life.

Financial Advisor 52

Financial Advisor Fiduciary Duty Financial Advice Financial Services 52

Inside Information

FEBRUARY 27, 2023

Some of us remember that the consumer revolution, which phased out salespeople and put the consumer in charge of selecting purchases based on price and quality, was very slow to enter the financial services world. The whole idea of turning financial customers into clients was invented in the fee-only financial planning world.

Financial Planner 40

Financial Planner Fee Only Financial Planning Insurance 40

Carson Wealth

AUGUST 28, 2022

Salaried professionals representing a financial service company . In order to recommend a product, financial advisors earning a commission must believe that the product is in their customers’ best interests. . Salaried Financial Advisors . Advisors who are dual registered often use the term “fee-based.” .

Financial Advisor 52

Financial Advisor Commission Insurance Financial Planning 52

Inside Information

MAY 30, 2023

Finally, I have to think that if these BD firms are truly moving toward becoming advisory firms, they must be growing increasingly uncomfortable with their membership in the Financial Services Institute. It’s a ‘tell’ that belies the quotes that the credulous writers will display in their articles.

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Communication Sales Insurance Compliance 40

Inside Information

OCTOBER 29, 2023

I said that brokers and sales agents are essentially predators, wolves in sheep’s clothing, where the sheep are fiduciary advisors, and the clothing is, well, you know what it is: ‘fee-based’ and ‘best interest’ (instead of fee-only and fiduciary).

Sales 40

Sales Ethics Fee Only Commission 40

Darrow Wealth Management

NOVEMBER 5, 2024

professional services, consulting, law, health, financial services, farming, among others). Strongly consider engaging a personal team of tax and financial advisors to help guide you through the process. Darrow Wealth Management is a financial fiduciary and fee-only registered investment advisor.

Taxes 62

Taxes Wealth Management Tax Planning Assets 62

Sara Grillo

AUGUST 14, 2023

Flat fee advisors Advice only planners Hourly financial advisors I periodically blog about financial products and services so that consumers can avoid being taken advantage of by the financial services industry. Scott has been serving families for 29 years in the financial services space.

Financial Advisor 52

Financial Advisor Fiduciary Duty Insurance Financial Advice 52

Inside Information

JANUARY 31, 2022

The conversation made me realize that there hasn’t really been a framework for exactly how consumers could be protected from some of the more exploitive business practices in the financial services industry, practices which represent embracing (rather than avoiding) conflicts of interest that work, like the relentless forces of gravity, against the (..)

Commission 40

Commission Clients Sales Fee Only 40

WiserAdvisor

MAY 31, 2022

Alternatively, if you want to avoid dealing with agents and brokers who could likely persuade you to make a biased financial decision, use the WiserAdvisor’s Advisor Match Tool to find a fee-only professional financial advisor who is governed by a fiduciary duty to act in your best interest at all times.

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Investments Investing License Accounting 52

Inside Information

SEPTEMBER 28, 2021

The whole premise of the legislation that forms the foundation of the SEC’s regulation of the financial services marketplace is in direct agreement with the XYPN petitions.

Financial Planner 40

Financial Planner Financial Planning Commission Sales 40

The Big Picture

APRIL 25, 2023

HAMBURGER: Somehow this deal that was concocted, you know, on the back of a cocktail napkin, you know, seemingly amongst four global titans, you know, of financial services. But keep in mind, you said, well, if I leave FINRA, if I no longer am a broker and I decide to go fee only, they can go pound sand.

Compliance 162

Compliance Clients Wealth Management Management 162

Inside Information

AUGUST 29, 2021

Y ou may have missed it, but Barbara Roper, who was the financial services face of the Consumer Federation of America—a tireless advocate for a fiduciary standard and consumer protection generally—has a new role to play. She is now working at the SEC, as senior advisor to SEC chair Gary Gensler. Well, two out of three ain’t bad…).

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Fee Only Financial Services Advertising Investment Advisor 40