A fee-only advisor is compensated only by fees paid by clients. No compensation comes from commissions, referral fees, bonuses or trips. We are committed to always act objectively and in the client’s best interest. The advisor is proactive in disclosing any conflict of interest that may impact the client.
Additionally, a NAPFA-member advisor is asked to sign a Fiduciary Oath to ensure you remain their #1 priority.
A PFS is more than a financial planner -- she or he is a CPA with the powerful combination of extensive tax expertise and comprehensive knowledge of financial planning. This knowledge is critical to obtaining the most valuable, objective advice possible. All areas of personal financial planning, including estate, retirement, investments and insurance -- have tax implications and Personal Financial Specialists (PFS) have the right combination of experience, ethics and expertise to get the job done right.
The CPA financial planner is in a unique situation to make sure that all of the client’s financial planning needs, including the tax implications, integrate appropriately from the beginning and that the right professionals are at the table to meet the client’s needs. The PFS credential demonstrates the CPA’s competence in financial planning to both the client and to other professionals.
A Certified Financial Planner™(CFP®) is a voluntary certification for financial planners. In order to use the CFP®marks, an individual must complete college-level course of study in financial planning subject areas, attain a Bachelor’s Degree , pass the comprehensive CFP®Certification Examination, complete three years of financial planning-related experience, continuing education and agree to be bound by the CFP Board’s Standards of Professional Conduct.