Are Fee-Only Financial Planning Services The Best Choice For Everyone? 3 Downsides Of Using One To Manage Your Portfolio

15 October 2019
Categories: , Blog

A common piece of investment advice is to only seek out fee-only financial planning services. These services don't take commissions from the financial institutions that they sell products from. Instead, they make their money from charging you an annual fee based on the value of your investment portfolio. In theory, this means that they always have your best interests in mind while managing your portfolio. Fee-based financial planning services, on the other hand, are allowed to take commissions from the financial institutions that they sell investment products from. Read More

Improving Your Financial Situation

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A few years ago, I realized that I was living outside of my means. It was really frustrating to see how much I was overexerting my finances, and I didn't really know how to make things right. To turn things around, I decided to meet with a financial counselor to discuss my situation. He was really amazing to work with, and he walked me through the process of budgeting and learning how to save. Within about six weeks, my finances were remarkably improved. This blog is all about improving your financial situation and avoiding money problems so that you can live better.