We get this question everyday from prospective clients asking us how we are paid. We believe a transparent approach is the best answer.

Ways Financial Advisors Are Paid

Financial advisors are either paid a commission by a company for selling their financial products such as mutual funds or annuities, or they can be paid a fee directly by their clients or in some cases both.

We believe a simple, direct client fee approach takes away the influence a large investment company could have over a financial advisor. So, when given the choice, we choose to be paid directly by our clients.

Occasionally, there may be a scenario where a client wants or needs a financial product, such as an annuity, that does not offer the option to be paid directly by a client. For this approach, we strive to ensure that the client understands all of the associated costs and fees of these types of financial products before they invest in one.