What is comprehensive financial planning?
Comprehensive financial planning is an integrated, coordinated strategy for achieving one's personal financial goals and objectives.
What is fee-only planning? Fee-only refers to the financial advisor's compensation structure. Traditionally, financial advisors have been paid via commissions linked to the sale of mutual funds,
annuities and insurance products. While no arrangement is entirely conflict-free, we believe that objectivity is more likely to prevail when the advisor's compensation
is not tied to the sale of a particular financial product.
Where can I learn more about financial planning?
We recommend that you explore the Consumers section of the Certified Financial Planner Board of Standards' web site at www.cfp-board.org.
If you'd like to learn about the Certified Financial Planner (CFP®) designation and its distinction from other financial titles, please refer to our chart:
Comparison of Credentials.
Where can I learn more about fee-only planning?
Link to the National Association of Personal Financial Advisors (NAPFA) at www.napfa.org.
Brian and Tom have belonged to NAPFA since founding PFPG in 1998.