How We’re Compensated
Wealth Management Fee
We are a fee-only advisory firm. We receive no compensation from the sale of investment or insurance products. We get paid to provide advice that is in the best interest of our clients, the “fiduciary” standard.
Our compensation structure is unique
We don’t charge fees based upon the size of a client’s investment portfolio, how much they custody with us or hold elsewhere. We charge a fixed quarterly fee that we believe reflects the scope of complexity and planning opportunities that are unique to each client’s situation.
Many fee-only financial planning firms base their fees on the amount of assets managed. For example, an asset fee of 1% on $1 million of assets equates to $10,000 charged per year. For this fee, many of these firms do not provide a full range of wealth management services.
To make certain we are a good fit, we offer a no obligation “let’s get acquainted” session.
SERVICE AND FEE COMPARISON
|Vawter Financial, Ltd.||Asset-Based Fee Advisor||Commissioned Salespeople|
|Form of Compensation||Flat fee based on complexity and services||Percentage of assets (typically 1% or more)||Commission
(varies by product)
|Fiduciary Duty – puts the client’s interests first||Yes||Yes||No|
|Goal Setting and
|Cash Flow Planning||Yes||?||?|
|Net Worth Review||Yes||?||?|
|Mortgage Review and Assistance||Yes||?||?|
|Business Owner Planning||Yes||?||?|
|Family Financial Planning||Yes||?||?|
Attorneys, CPAs, etc.
(not influenced by compensation)