We are a fee-only firm.
We provide fee-only wealth management services to individuals and their families. This means we do not sell financial products of any kind … ever. Rather, we are compensated only by the fees paid by our clients. We do not receive commissions, fees or other compensation from any third party. We believe this eliminates conflicts of interest, assuring the objectivity of our recommendations.
Fee-based is not fee-only.
Fee-based is a term used by financial advisors who are dually registered as broker/dealers (sales representatives) and investment advisors. It indicates they may be compensated by fees and commissions depending on products sold and other factors.