Social

Tag Archives | commissions

Dig Deeper Than CFP To Find Financial Planner

I have long recommended that consumers look for a Certified Financial Planning (CFP) certificant when shopping for a financial planner. But don’t stop there. A CFP is no guarantee that someone is a competent, ethical, fiduciary professional. It only ensures that you are choosing from a pool of 85,000 financial services providers who are educated […]

Continue Reading 1

Find Out If Fiduciary Duty is Required From Commission-Based Advisor

Can a financial advisor represent your best interests and still earn a commission? Surprisingly, this can sometimes be the case. It’s up to you to find out. Being required to put the consumer’s interest first, which means representing a client rather than selling products and services to a customer is called having a fiduciary duty. […]

Continue Reading

Find Out Hidden Costs of Guaranteed and No-Fee Investments

Annuities are popular investments; almost every new client I see has one. When I ask why someone purchased an annuity, the most common responses are: “We didn’t have to pay any fees or commissions.” “There are no ongoing expenses.” “All my money is working for me.” “The principal is guaranteed.” Any time you read or […]

Continue Reading