Not Just Fee-Only, Advice-Only.
In general, Advice-Only financial advisors offer planning services in all subject areas covered by the CFP® principal knowledge topics. I'm listing some of them here: Cashflow and DebtEducation …
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Yes and no. An Advice-Only financial advisor will help you construct a diversified portfolio with an appropriate level of risk acceptable to you. When a bear market comes, when you have both stocks …
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No. Advice-Only financial advisors are not stock pickers. They don't have access to mutual funds sold only through advisors. Nor do they have access to hedge funds, private equity, venture capital, or …
Because Advice-Only financial advisors only sell their advice, they typically don't require any minimum assets or minimum income. Financial planning for someone with $5 million in assets and …
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Some do, partly based on their own stage in life and partly driven by their clients and client referrals. Some Advice-Only financial advisors work more with early career professionals, divorced women, …
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Once you get the advice from your Advice-Only financial advisor, implementing the advice is easy. In my Advice-Only manifesto Advice-Only: The Best Model For Financial Advice People Need And Want, I …
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Rebalancing means selling some investments and buying some other investments in order to return your asset allocation to the desired percentages. Tax-loss harvesting means selling some investments …
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A financial advisor contacted me to see if I could add his practice to my list of Advice-Only financial advisors. After reviewing his services I told him 'no' because he also offers investment …