We are a Fee-Only advisor. We do not receive commissions from any of the services we provide our clients. The only compensation we receive comes directly from the client. There are other compensation methods that other advisors utilize, such as fee-based and commission-based. If you are in search of a new advisor, fee-only compensation is the recommended method.
Flat Annual Advisory Fee
What’s better than a Fee-Only advisor? Although the Fee-Only method is being embraced by more advisors, the new compensation structure for advisors is the Flat Annual Advisory Fee. We are one of few advisory firms in the nation currently implementing a Flat Advisory Fee structure.
Access to Institutional Funds
Do you still own load funds in your portfolio? Load funds should be avoided by sophisticated high-net-worth investors. Institutional funds generally have lower expense ratios and carry no or very low minimums. In certain instances, they also tend to perform better than other share types.
Access to Fully Transparent Model Portfolios
Most investors are not aware of their portfolio holdings. With our model portfolios, we have eliminated the guessing game. Our clients are always aware of their portfolio holdings. We post our model portfolio holdings on our website for clients to view at their convenience. The model portfolios are reviewed on a monthly basis, and if a change is made to the composition of the portfolio, our clients are notified immediately.
Quarterly Performance Reporting
We provide our clients with quarterly performance reports. We can also provide our clients with any type of portfolio report they request.
Advisory Fee Comparison
You will find that our fees are very competitive. In the table below, you will find a fee comparison for a $1 million portfolio:
|Firm||Fee Rate||Fee Charged||Port. Report.||Port. Rebal.|
|FPL Capital Management||Flat||$1,000 – $5,000||Yes||Yes|
|Merrill Lynch||1.75% – 2.50%||$17,500 – $25,000||Yes||Yes|
|Smith Barney||1.75% – 2.50%||$17,500 – $25,000||Yes||Yes|
|Insurance Agents||2.00% – 5.00%||$20,000 – $50,000||No||Yes|
|Most Fee-Only Advisors||1.00% – 1.25%||$10,000 – $12,500||Yes||Yes|