Meredith Wealth Planning operates as a fee-only firm. That means we do not accept commissions, or even other source of revenue outside of the annual fee we charge clients. We also adhere to a fiduciary duty at ALL times with clients.
The intention of this business model was to remove conflicts of interest that commonly exist between financial advisors and their clients. To take it a step further, a flat fee structure was implemented.
We don’t charge you more just because you have more money. A larger portfolio does not always mean more work, time, or resources from the advisor.
This helps remove the conflicts of interest when choosing the proper products to help implement a plan. Clients no longer have to question whether an investment was recommended because it was in their best interests, or in the best interests of the person recommending it.
Mark resides in O'Fallon, IL with his wife and 4 children. He started Meredith Wealth Planning in 2019 after nearly 8 years as a financial planner at a community bank where he was once named by Forbes as one of the top 1,000 advisors in America from the next generation.
He was not comfortable charging asset-based fees to clients, as he determined that more assets did not necessarily involved more effort or complexity on behalf of the advisor. For that reason he implemented flat fee pricing at the firm, so clients were treated more equitably and more conflicts of interests were removed from the advisor-client relationship.
Scott joined Meredith Wealth Planning in 2022 after him and Mark had discussed the possibility for years, as they shared a similar investment philosophy and approach to working with clients.
Scott is the lead advisor for all new clients of the firm, and brings extensive expertise on investments, financial planning, and taxes.
Scott resides in Shiloh, IL and enjoys golfing, working out, playing guitar, and cooking.
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