Fee-Only Financial Planners in Colorado Springs

What is a Fee-Only Financial Planner?

Fee-only financial planners represent a group of financial planners who do not receive a commission from the products they offer you. Instead, fee-only financial planners simply charge a fee (that is agreed upon in advance) for their financial advice. Fee-only can denote a variety of arrangements, including but not limited to:

  • Taking a fee percentage of assets under management (AUM),
  • Charging an hourly fee for financial planning and advice, or
  • Charging a flat fee for a particular service (such as setting up a particular aspect of your financial plan.

The Advantages of Working with a Fee-Only Financial Planners VS Commission-Based Financial Planners

Fee-only financial planners offer you the advantage of knowing exactly how your financial planner is being compensated through transparent pricing of their services. With commission-based financial planning, clients are left more uncertain about whether the product they are recommended to purchase is the best one available or the one with the best commission for their advisor. Even with excellent commission-based financial planners, the commission cuts into the total possible return from your investments. Fee-only financial planners are an excellent way to ensure that you understand exactly how much you are paying for financial services.

Fee-Only Financial Planners at Altus Wealth Group

Altus Wealth Group operates with the fiduciary standard, meaning that we work in the best interest of you as our clients, offering products and services that are most likely to benefit your unique situation. We offer a wide range of investments, because we are 100% independent, meaning that our fee-only structure allows you to know that we are only recommending a product because we believe it will serve you well. Contact us today to set-up a free consultation with our fee-only financial planners in Colorado Springs, CO!

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