Budget. If there is a another word in the financial advisor’s lexicon that generates such a strong reaction among clients, I’m not aware of it. For some clients, budgeting is something they’ve always done automatically,… Read More
Advice from a Recovering Know-it-All
Years ago, my girlfriend – and now wife – pointed out that from time-to-time, I could come across as a bit of a know-it-all. I asked for a few examples which she had helpfully cataloged, and… Read More
What is Investment Consulting?
In the most recent blog post, we covered our definition of wealth management, which entails the following three components: WM (Wealth Management) = IC (Investment Consulting) + AP (Advanced Planning) + RM (Relationship Management) In… Read More
What is Wealth Management?
If you’re seeking financial advice and fall into what the industry considers “high net worth” – typically over $1 million in investable assets – you’ll often be steered towards wealth management. However, in many instances… Read More
Financial plan for couple in late 30s planning to adopt
David and Susan are in a strong financial position, but the recent decision to adopt has led them to the decision to have a comprehensive plan done. Both David and Susan earn high incomes, and… Read More
Adding It All Up – The Cost of a Financial Plan and How to Save
The total cost of financial advice includes a number of items we’ve discussed in the last few posts. For clients who work with us those costs include: The hourly cost of the plan Cost for… Read More
The Cost of Investment Advice and Investments
The cost of investments is a key component of your financial plan. Regardless of whether you work with fee-only advisors or commission-based brokers, portfolio design is likely the largest cost of your plan. So how… Read More
How Much Does Financial Advice Cost?
As fee only financial advisors one of the most common queries we receive from the web has to do with how much a financial plan costs. It’s a good question as there are a number… Read More