Many people are turning to fiduciary, fee-only investment advisors in Minneapolis, MN, to get financial planning and investment advice. Fiduciary, fee-only advisors can help you simplify your financial life. They put your interests above their own interests. They charge a flat fee or percentage of assets under management. They do not earn commissions on the investments they recommend. Fiduciary, fee-only advisors can be more objective and recommend services that better fit your goals.
Services They Offer
Fee-only investment advisors in Minneapolis, MN, offer various services to help you meet your financial goals. They offer financial planning, designed to help individuals and their families achieve their financial goals and improve their financial lives. You can count on them for help with retirement planning, estate planning, tax planning, asset and income protection planning, and more. Financial advisors will look at your situation specifically with your goals in mind and offer advice based on your objectives and needs.
Benefits of Fee-Only Services
One of the reasons that fiduciary fee-only investment advisors in Minneapolis, MN are becoming more popular is that people know that they don’t sell products and therefore do not have the same conflicts of interest as broker/dealers who receive commissions. Fee-only fiduciary professionals strive to offer objective advice that is in the client’s best interest. Their goal is to prioritize your objectives and financial welfare, and they are obligated by law to put the client’s best interests first. In addition, their compensation does not depend on a purchase or a sale, and they never receive commissions for the investments they recommend. The advice you receive is independent and tailored for you.