What is fee-only financial advice? How does that differ from other financial advisor options?
Fee-only advice is advice which is paid for by the client rather than commissions from an outside party. PFS is a fee-only advisor, and we do not accept commissions of any kind. We embrace serving in a fiduciary relationship with our clients, which means doing what is in our client’s best interest. We do not get paid more if we recommend investment A versus investment B. We do not get paid more if we recommend that you purchase insurance. We do not get paid any less if we recommend you terminate some insurance you have.