Financial Planning Consumer Info
Allen Wealth Advisors is a fee-only advisory.
A “fee-only” financial advisor sounds very similar to a “fee-based” financial advisor, but there’s a significant difference in how they get paid.
There is a critical distinction between hiring a fee-only advisor versus a fee-based one. Here’s what you should know:
|Fee-Only Financial Planners||Fee-Based Financial Planners|
|• Paid directly by clients for their services and cannot receive other sources of compensation, such as payments from fund providers.|
• Act as a fiduciary, meaning they are obligated to put their clients’ interests first.
|• Paid by clients, but also receive compensation from other sources; including commissions from financial products that clients purchase.|
• Brokers and dealers (or registered representatives) are simply required to sell products that are "suitable" for their clients.
At Allen Wealth Advisors, all our advisors are CERTIFIED FINANCIAL PLANNERS™.
This means we have the training, experience and knowledge to help you plan for and realize a successful financial future. We build strong relationships with our clients. Our clients can feel secure that their needs are our first priority.
Allen Wealth Advisors: Fee-only Advisory Services
Allen Wealth Advisors is a fee-only advisory. This means:
- We are paid directly by clients for our services and cannot receive other sources of compensation, such as payments from fund providers.
- We act as a fiduciary, meaning: We are obligated to put our clients’ interests first.
Allen Wealth Advisors Services
We get to know you – and your unique situation – as well as your goals for the future.
We assess your current situation and provide you a roadmap to help you achieve your personal goals.
We then help you implement your plan providing you the tools and professional guidance necessary to accomplish your goals.