Fee Only
Fee-only financial planning matters. In fact, it matters a lot.
When you know that your advisor is putting your interests ahead of his or her own, he is acting as your fiduciary. By charging a fee that you know up front, he eliminates the conflicts of interest inherent in selling commission based products and services. By eliminating all unknown or hidden fees, kickbacks, referral fees or "trails", you know your advisor is working in your best interest and recommending the investment vehicles that will maximize your nest egg, not his profits.
For more information about fee-only planning, please check out a few of the articles on the web site of NAPFA.
