To ensure that our investment advice is unbiased and completely independent, we are paid exclusively by our clients and accept fees from no other entities. We charge two fees:
- A percentage of assets under our management
- A flat fee for developing your financial plan and a modest annual fee for maintaining it. This fee is waived for higher net-worth clients.
In the industry, this is known as “fee-based” or “fee-only” investing.
Unlike traditional brokerages, we do not receive or accept commissions or payments for investment transactions from our custodian or any other entity, nor do we receive or accept any other forms of back-door revenues. Such payments could influence—or give the perception of influencing—our investment decisions.
Moreover, as a Registered Investment Advisor (RIA) firm, we are fiduciaries per the Investment Advisor Act of 1940—required to act in the best interests of you, our client, and to have no conflicts of interest with you. Of course we comply with the law, but our real motivation is that we care about our clients. And that’s something a law can’t mandate.