As you plan for retirement, you may be concerned about increasing your savings and investment portfolio. You may have questions about your asset allocation or investment strategy. You may need help to reduce your investment risk and increase your tax efficiency. Fee-only financial advice in Minneapolis, MN can help you achieve your financial objectives.
Fiduciary financial advisors who provide fee only financial advice in Minneapolis MN are legally bound by a Fiduciary Standard, which means they are required by law to put your best interests first. They do not sell any products and they do not act as brokers.
Investment professionals who sell financial products have conflicts of interest due to commissions they receive from product sales. They may try to sell you products that are not in your best interest to increase their commissions or meet a sales quota. In addition, they operate under a less rigorous Suitability Standard.
Fiduciary financial advisors only receive compensation from client fees, providing fee only financial advice. Fee only advisors do not receive commissions on the sale of products, such as mutual funds, annuities, or life insurance. Fiduciary fee only advisors are independent and can offer the advice that is in the client’s best interest, not in their own best interest.
Consider Choosing Fee Only Financial Advice in Minneapolis, MN
When seeking medical care, do you want a doctor who benefits from the number of surgeries or procedures they perform? Or do you want a doctor striving to give you the medical care specifically tailored for you? Financial advisors are similar. We recommend choosing Fee Only Financial Advice in Minneapolis, MN that offers recommendations designed for you.
