Meredith Wealth Planning was founded as a fee-only firm was to remove any potential conflict of interest conflict between the advisor and the client.

A fee-only registered investment advisor cannot receive commissions for selling investment or insurance products. The only source of revenue for a fee-only advisor is the annual advisory fee the client pays. A fee-only registered investment advisor is required to adhere to a fiduciary duty at all times with the client.

This helps remove the conflicts of interest when choosing the proper products to help implement a plan. The client no longer has to question whether an investment was recommended because it was in their best interests, or in the best interests of the person recommending it.

In the advisory industry many conflicts of interest continue to exist, and it’s difficult for a consumer to know in advance what those conflicts are unless they are willing to read through a hefty amount of disclosure documents.

To understand how we are compensated at Meredith Wealth Planning, please visit the Pricing and Services page.