{"id":41,"date":"2010-10-13T21:27:00","date_gmt":"2010-10-13T21:27:00","guid":{"rendered":"http:\/\/stevendevtest.wordpress.com\/2010\/10\/13\/why-im-a-fee-only-financial-planner"},"modified":"2011-01-05T01:28:05","modified_gmt":"2011-01-05T01:28:05","slug":"why-im-a-fee-only-financial-planner","status":"publish","type":"post","link":"https:\/\/vhfinancialmanagement.com\/2010\/10\/13\/why-im-a-fee-only-financial-planner","title":{"rendered":"Why I&#8217;m A Fee-Only Financial Planner"},"content":{"rendered":"<div style=\"float: left; margin-right: 10px;\"><a href=\"https:\/\/twitter.com\/share\" class=\"twitter-share-button\" data-via=\"tvonhaefen\" data-count=\"vertical\" data-url=\"https:\/\/vhfinancialmanagement.com\/2010\/10\/13\/why-im-a-fee-only-financial-planner\">Tweet<\/a><\/div>\n<p>If you read my last blog post, you recall I discussed the different types of planners and how they are paid. Today, I will tell you why I am a firm believer in fee-only financial planning. <\/p>\n<p>Fee-only financial planning is a wonderful way for clients to receive advice in a fiduciary manner.  As a fiduciary, the planner puts the clients\u2019 interest first. Fee-only planners receive their pay directly from the client, which virtually eliminates conflicts of interest.  As a fee-only planner, I don\u2019t sell anything, except maybe a good night\u2019s sleep. I don\u2019t receive any commissions, referral fees, or kickbacks, so, therefore, I don\u2019t have a conflict with the advice I give to my clients. What I recommend to my clients is in their best interest\u2026.not mine. <\/p>\n<p>Another wonderful aspect of fee-only planning is the ability to practice from a holistic viewpoint. This is my favorite part of my job. Financial planning is a process\u2026not an event.  Life changes, therefore I love having the flexibility to assist my clients as their lives change.  It\u2019s not about one particular piece of the planning puzzle: it\u2019s about the entire puzzle and maximizing every piece.  As a fee- only planner, my fees don\u2019t change whether I am discussing investments or insurance, estate planning or cash flow, business planning, or tax planning. It\u2019s all part of the big picture. <\/p>\n<p>My business model allows me to serve my clients in a comprehensive fashion.  With my simple retainer billing method, my clients pay me a fee, and I am their planner.  I\u2019m able to see the big picture and guide the client along life\u2019s journey.  This is why I am a fee-only planner, and I love my job.<\/p>\n<div class=\"linkwithin_hook\" id=\"https:\/\/vhfinancialmanagement.com\/2010\/10\/13\/why-im-a-fee-only-financial-planner\"><\/div><script>\n<!-- \/\/LinkWithinCodeStart\nvar linkwithin_site_id = 434679;\nvar linkwithin_div_class = \"linkwithin_hook\";\n\/\/LinkWithinCodeEnd -->\n<\/script>\n<script src=\"http:\/\/www.linkwithin.com\/widget.js\"><\/script>\n<a href=\"http:\/\/www.linkwithin.com\/\"><img src=\"http:\/\/www.linkwithin.com\/pixel.png\" alt=\"Related Posts Plugin for WordPress, Blogger...\" style=\"border: 0\" \/><\/a>","protected":false},"excerpt":{"rendered":"<p>Tweet If you read my last blog post, you recall I discussed the different types of planners and how they are paid. Today, I will tell you why I am a firm believer in fee-only financial planning. Fee-only financial planning is a wonderful way for clients to receive advice in a fiduciary manner. As a fiduciary, the planner puts the clients\u2019 interest &hellip; <a href=\"https:\/\/vhfinancialmanagement.com\/2010\/10\/13\/why-im-a-fee-only-financial-planner\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n<script>\n<!-- \/\/LinkWithinCodeStart\nvar linkwithin_site_id = 434679;\nvar linkwithin_div_class = \"linkwithin_hook\";\n\/\/LinkWithinCodeEnd -->\n<\/script>\n<script src=\"http:\/\/www.linkwithin.com\/widget.js\"><\/script>\n<a href=\"http:\/\/www.linkwithin.com\/\"><img src=\"http:\/\/www.linkwithin.com\/pixel.png\" alt=\"Related Posts Plugin for WordPress, Blogger...\" style=\"border: 0\" \/><\/a>","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0},"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/posts\/41"}],"collection":[{"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/comments?post=41"}],"version-history":[{"count":1,"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/posts\/41\/revisions"}],"predecessor-version":[{"id":150,"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/posts\/41\/revisions\/150"}],"wp:attachment":[{"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/media?parent=41"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/categories?post=41"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vhfinancialmanagement.com\/wp-json\/wp\/v2\/tags?post=41"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}