To speak with an advisor call (248) 985-1632
Posted on June 8th, 2011 by Michael Damian
Fee-Only refers to a specific method of compensation in which financial planners are compensated exclusively from the fees paid by their clients. They specifically choose not to accept commissions, kick-backs, finder’s fees or compensation from any other source. This is significant and important because earning one’s living by selling products or services for which a commission is paid, leaves the financial planner with an inherent conflict of interest.