Financial advisor fees have commonly been based on a percentage of assets under management. Numerous industry studies have shown that the typical median asset-based fee is about 1.00% annually for accounts under $1 million, and it doesn't scale down … [Read more...] about Disrupting Asset-Based Financial Advisor Fees
Financial Planning
Why All Financial Planning Projections Are Wrong
Many of us have run through retirement calculators. We punch in our current investment account balances, how much we'll save each year, what rate of return we expect, and it spits out a projected future value. That projection will be wrong. Even … [Read more...] about Why All Financial Planning Projections Are Wrong
Why I Started My Own Financial Planning Firm
On March 6th of this year I started my own financial planning firm. For my first blog post at Meredith Wealth Planning, I wanted to tackle: Why I started my own financial planning firm. How it is different than every other firm. Why this … [Read more...] about Why I Started My Own Financial Planning Firm