If you are looking for trustworthy, objective financial advice, you can’t ignore the question of how an advisor is compensated. A fee-based financial advisor may be compensated by a combination of fees and commissions for the services they provide and the products they sell. This can potentially be the worst of all scenarios. The key here is that the reason the phrase “fee-based” is used is because they cannot represent themselves as “fee-ONLY.” Because the emphasis is often on sales, a conflict of interest can and often does arise. On the other hand, an independent,100% fee-only financial advisor is paid only from fees based on the services they provide, not the products they recommend and sell. They never accept compensation from a 3rd party. This allows a fee-only financial planner to provide an objective financial plan that best fits a client’s needs without conflicting financial incentives slanting any advice. Because it is paramount that you find out in advance of hiring any financial advisor how they are compensated, click here to print out a free Q&A document that you can use to interview any financial advisor, including your existing one.  

 

Tim Decker  On the Air                  Tim Decker hosts the weekly radio show “Financial Freedom” on WHP 580 AM and WLAN 1390 AM every Saturday at 12:00 p.m. He brings his extensive knowledge and experience of over 25 years to the discussion of current financial and wealth management topics. Each show also includes a Q&A session when Tim provides straightforward, unbiased answers to questions from callers. This is the program that represents your best interests, not Wall Street's.

The Sleep-Well-At-Night Investor   ISI Financial Group employs the Sleep-Well-At-Night approach to financial planning. The Sleep-Well-At-Night investor is able to put their focus and energies on the important areas of life. To achieve this, ISI Financial Group helps clients take all necessary steps to properly develop and implement a disciplined plan using prudent, time-tested strategies based on financial science. In his book, “The Sleep-Well-At-Night Investor,” Tim Decker shows readers how misinformation from the mutual fund industry has created wide spread harm to investors. The book also discusses the temptation to think of investing like gambling and the tragedy of gambling away savings and security under the guise of investing. Buy “The Sleep-Well-At-Night Investor”