Fee Only Financial Advisor in Tampa Florida Cost
A Fee Financial Advisor in Tampa Florida will cost based on what a client wants.
It can be:
This can be a great way to pay for financial advice if you are willing to implement the advice on your own.
For example, you may pay a financial advisor an hourly rate to tell you how to allocate the investments in your 401(k) plan. Then you would be responsible for actually making the changes they suggested.
Since an hourly rate is not tied to the value of investments, or generated by the purchase of any specific investment, you can feel confident you will receive objective advice.
Just like attorneys, or accountants, hourly rates will vary widely from planner to planner.
Flat Fee to Complete a Specific Project
When you need a project completed, such as an initial retirement plan, it may make sense to pay a flat fee to have someone crunch the numbers, and help you understand all the moving parts that go into creating an accurate retirement plan projection.
Since a flat fee is not tied to the value of investments, or generated by the purchase of any specific investment, you can feel confident you will receive objective advice.
The fee should be quoted upfront, along with a clear description of what will be provided for that fee. Ask if follow-up meetings or questions are included.
Fiduciary and Fee Only Financial Advisor in Tampa Florida
Financial planners have an ethical and legal fiduciary responsibility to act in the BEST interests of their clients.
Compensation should be negotiated to reflect the preferences of the advisor and the client.
Clients should ask themselves:
Are my advisor and I defining a goal and accomplishing what we set out to do?
Do I trust my advisor? Do I connect with them? Do I like them?
Shopping around and finding a financial advisor that you trust is so important.
Mintco Financial Fee Only Financial Planner-Advisor in Tampa Florida
- We are a locally-owned, independent Registered Investment Advisor (RIA). We are not owned by a brokerage, bank, or insurance company
- Our fees are transparent and explicitly disclosed to the client via invoice.
- We have a full-time fiduciary duty to our clients.
- We don’t have sales quotas, production-linked titles, bonuses, or incentive trips for reaching a specific level of sales.
How to contact Mintco Financial?
Call us today to schedule a complimentary meeting:
Email us at email@example.com