Fee-based financial advisors are advisors that get compensated
not only through a fee paid by their clients, but also via other
financial products such as insurance commissions, mutual fund
shares, etc. that they sell. A fee-based advisor may be a
suitable choice for your financial needs if you’re looking for an
advisor who can assist you with a range of financial services,
ranging from financial planning, investment management, to even
managing your insurance costs. While making your decision to hire
a fee-based financial advisor, it is important to ensure they are
bound by a fiduciary duty and are putting your interests as a
client before their own.
WiserAdvisor has
shortlisted a list of qualified and experienced fee-based
financial advisors that may be suited to meet your unique
financial needs and goals. You will find more information about
our fee-based financial advisors below, which includes
information about their qualifications, years of experience, and
the financial services they offer. This information can help you
assess if they are the best financial advisor for your financial
requirements.
NOTE: The list of financial
advisors mentioned below do not include all the advisors in our
network due to their compliance listing restrictions. More vetted
advisors may be available when you use
our free match service to compare financial advisors near you.
List of Qualified Fee-Based Financial Advisors |
||||
|---|---|---|---|---|
| Financial Advisor | Experience | AUM | Minimum Assets | Fee Structure |
| Mark Pietrofesa
CFP® SUMMIT FINANCIAL ADVISORS, LLC 109 Baldwin Ave, San Mateo, CA 94401 |
32 | Not Specified | $100,000 | Fee-Based |
| James Claiborne
CLU®, CFS, ChFC® FINANCIAL PARTNERS GROUP 10925 Antioch Road, Suite 100, Overland Park, KS 66210 |
28 | 150000000 | Not Specified | Fee-Based |
| Tim W. Geisbauer
CFP® GEISBAUER WEALTH MANAGEMENT 212 S. Timberland Drive, Suite L, Lufkin, TX 75901 |
17 | Not Specified | 25,000 | Fee-Based |
| Paul O'Hara & Jeffrey S. Markewich
ASBURY WEALTH PARTNERS 6385 Corporate Drive, Suite 205, Colorado Springs, CO 80919 |
25 | $40,000,000 | Not Specified | Fee-Based |
| Peter Gellman
PALMERSTON GROUP ADVISORS, LLC 320 Raritan Avenue, Suite 302, Highland Park, NJ 08904 |
12 | No | $400,000 | Fee-Based |
| Brian Mills
CFP® MILLS FINANCIAL PLANNING,INC. 5910 Wilcox Place, Suite F, Dublin, OH 43016 |
27 | $33m | $100,000 | Fee-Based |
| Jay Steinbock
RFC® SUMMIT POINTE FINANCIAL GROUP. 10965 Granda Lane, Suite 106, Shawnee Mission, KS 66211 |
32 | Not Specified | None | Fee-Based |
| Thomas Brown
CFP® BROWN FINANCIAL MANAGEMENT GROUP LLC 950 New Loudon Rd, Suite 105, Latham, NY 12110 |
35 | 51,209,233 | $1 | Fee-Based |
Qualifications
CRD# 1788669
Firm CRD# 6413
Series 7, 24, 65
Compensation/Fee Fee-Based, Flat Fee, Based on Assets
Office Location
109 Baldwin Ave,
San Mateo,
CA
94401
Phone Number
650-357-9410
Mark is the Co-Founder and an Investment Advisor Representative. He holds a B.S. from The University of Minnesota, has earned the Certified Financial Planner (CFP®) designation and is a member of the Financial Planning Association (FPA). He brings more than 25 years of experience to his clients and his prior affiliations include Raymond James and American Express.
Our mission is to be the single resource for comprehensive financial advice and wealth management for successful executives, business owners and affluent individuals by completely serving their unique financial needs. Our clients rely on us to integrate and organize every aspect of their financial lives, eliminating the need to assemble multiple advisors on their own. Every client benefits from the advice of both partners and a dedicated service specialist.
Advisory Services Provided:
Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Advice & Consulting, Financial Planning for Individuals, Investment Advice & Management, Insurance Products & Annuities
Qualifications
CRD# 2074636
Firm CRD# 288644
Series 6, 7, 24, 63
Compensation/Fee Fee-Based, Hourly, Commissions, Flat Fee, Based on Assets
Office Location
10925 Antioch Road,
Suite 100,
Overland Park,
KS
66210
Phone Number
913-948-9489
James is a native of Northeast Missouri and holds a Bachelor of Science degree in Finance from University of Central Missouri. James has earned three professional designations since entering the financial services profession in 1990, Certified Fund Specialist (CFS), Chartered Financial Consultant (ChFC®) and Charted Life Underwriter (CLU®). His certifications were awarded through the American College in Bryn Mawr, PA. James specializes in Professional Money Management, Executive Benefits and Tax Qualified Plans for individuals, business owners, senior level executives and retirees and has personally designed over a thousand financial plans over the past 25 years. His services include fee based and non-fee based financial planning, portfolio evaluation and design, wealth management consulting and tax planning strategies. The American College provided financial planners and others in the financial services industry with in-depth knowledge of the skills needed to perform comprehensive financial planning for their clients. Designees also must meet specified experience requirements, maintain ethical standards, and agree to comply with both The American College's Code of Ethics and Procedures and applicable continuing education requirements. He is an active member of the Financial Service Professional society (FSP) where he has served as President, board member on the Business Ethics Award Steering Committee and Chairman of the Board Election Committee. He also currently serves on the board of Directors and Investment Committee for the University of Central Missouri Foundation. He is a published author, has been selected to receive the FIVE STAR Wealth Manager" Reward** in 2012, 2013 and 2014. He was also recognized in the January issue of KCB Magazine and is on the 2006 list of "The 10 Most Dependable"" Wealth Managers of the Central Region as shown in the November 2006 addition of Southwest Airlines Spirit Magazine.*
Financial Partners Group is an Independent Comprehensive fee-based Wealth Management Firm located in Overland Park, KS, dial (913) 948-9489 for James Claiborne, Owner/Financial Advisor for a complementary portfolio review by our financial expert, James Claiborne CFS, ChFC. Whether you are seeking individual or corporate asset management, our Financial planning team has the experience and expertise to provide the objective advice needed to achieve your financial goals. Our investment advisory services include portfolio management, fee-based planning, estate, business, tax planning and investment management. Are you worrying that you will have all of the retirement income necessary to support you and your spouse in your final years? Our retirement planners will work closely with you to formulate a program of financial stability. Specializing in private wealth clients, we offer proven estate management strategies that can help obtain financial freedom for you and your family.
Advisory Services Provided:
Retirement Planning, Wealth Management, Education Funding and Planning, Financial Planning for Individuals, Financial Planning for Businesses
Qualifications
CRD# 4799605
Firm CRD# 4799605
Series 7, 24, 66
Compensation/Fee Fee-Based, Hourly, Commissions, Flat Fee, Based on Assets
Office Location
212 S. Timberland Drive,
Suite L,
Lufkin,
TX
75901
Phone Number
936-219-5022
Tim Geisbauer is Founder of Geisbauer Wealth Management, a comprehensive wealth planning firm. Tim has been helping individuals and their families create strategies that see to maximize their personal wealth and attain financial confidence for over 17 years. He is a Certified Financial Planner™ professional and a Registered Principal working through LPL Financial, a registered broker dealer. Tim strives to be your most trusted advisor through his hard work, loyalty, and availability of professional resources. He is a committed partner in helping clients work towards what is meaningful in their lives. He is completely independent and this ensures he has the freedom to act in your best interest through an advisory relationship. Tim believes the best way to pursue financial success is to embrace a life-long financial plan coupled with proper investment risk management. Tim's ultimate goal is to protect your money during times of anticipated negative volatility so there is capital to invest when new opportunities present themselves. Tim has a Bachelor of Arts degree in Economics from California State University at Northridge and a Masters of Business Administration in Financial Planning from California Lutheran University. He also holds the FINRA series 7, 66, and 24 securities registrations through LPL Financial. Tim, his wife Carrie, and their sons Logan and Luke reside in Lufkin Texas with their retired guide dog breeder Bea.
Our goal at Geisbauer Wealth Management is to be your most trusted partner through our professional knowledge, our integrity and our personalized service. We are completely independent and this ensures our advisors will always have the freedom as they continually strive to act in your best interest. Managing risks, low investment costs and competitive return potential. We do this through a variety of features that can be of great benefit to investors like you: Extensive Diversification - Instead of holding only some stocks and bonds, your portfolio will feature thousands of securities from as many as 19 separate asset classes and market sectors. This investment strategy helps manage risks as part of our goal to help you to earn more competitive returns. Independent Research - Our investment process leverages well over 100 years of collective investment management expertise on the part of our research partner, LPL Financial, and is founded on the premise that sound science backed by decades of academic research offers the smartest approach to investing. Account Protection - The LPL Financial SIPC membership provides account protection up to a maximum of $500,000 per customer, of which $100,000 may be in cash. For an explanatory brochure, please visit www.sipc.org. Additionally, through London Insurers, LPL Financial accounts have additional securities protection to cover the net equity of customer accounts up to an overall aggregate firm limit of $575,000,000, subject to conditions and limitations. Securities and advisory services offered through LPL Financial, a registered investment advisor. Member FINRA/SIPC. LPL Financial and Geisbauer Wealth Management do not offer tax or legal services.
Advisory Services Provided:
Financial Planning, Portfolio Management, Retirement Planning, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Advice & Consulting, Financial Planning for Individuals, Financial Planning for Businesses, Investment Advice & Management, Estate Planning & Trusts, Insurance Products & Annuities
Qualifications
CRD# 2754305
Firm CRD# 6413
Series 7, 24, 55, 63
Compensation/Fee Fee-Based, Flat Fee, Based on Assets
Office Location
6385 Corporate Drive,
Suite 205,
Colorado Springs,
CO
80919
Phone Number
719-531-6276
Your complete financial life relies on planning, not chance. We collaborate with you to create programs and strategies to manage long-term financial goals. Are you concerned that you will outlive your income and assets? Have you addressed the many risks confronting your financial hopes, dreams & goals? Do you need help with advanced estate or business planning? Are you uncertain about investments, taxes, retirement or insurance? Our credentialed professionals would be happy to help.
At Asbury Wealth Partners, it is our mission to help you prosper by creating a custom financial and investment management plan, tailored specifically for you. Our comprehensive strategies were developed to help you achieve your personal financial goals, to prudently care for your lifetime of savings and to take advantage of investment opportunities. We take our fiduciary responsibility very seriously by constantly monitoring portfolios and ensuring good communication to you about where you stand. Our diversified approach towards portfolio management combines both strategic and tactical principles. Using in-house, proprietary, and state-of-the-art techniques, we design custom portfolios and avoid cookie-cutter strategies. No matter your stage in life, you deserve competent and thoughtful professional advice. We are honored to offer a complementary consultation to explore how we can be a part of your successful financial story.
Qualifications
CRD# 4716523
Firm CRD# 128733
Series 66
Compensation/Fee Fee-Based, Flat Fee, Based on Assets
Office Location
320 Raritan Avenue, Suite 302,
Highland Park,
NJ
08904
Phone Number
732-248-5777
Peter Gellman is the Managing Member of Palmerston Group Advisors, L.L.C. Founded in 1997, Palmerston Group provides independent, unbiased financial and investment advisory services based on fundamental analysis and margin of safety principles. Peter Gellman has worked as a teacher, analyst, and advisor. Before starting Palmerston, he taught at Oxford as a member of its international relations faculty, as well as at Princeton, where he was Research Fellow and Lecturer in the Woodrow Wilson School of Public and International Affairs. He holds a law degree as well as a Ph.D. in international relations.
Palmerston Group Advisors, a firm best known for its Margin of Safety discipline, built its strategy only after carefully studying the best in the business. Consider: 1. Few fund managers have genuinely market-beating records of ten or more years. 2. Most of this elite group uses a version of Margin of Safety, the skill of buying assets when "on sale" at a deep discount to their true value. Most excel in bear markets. 3. Few advisors strategically focus on these top managers or their investment ideas when creating client portfolios. Nor do many independent firms focus on these managers when offering allocation advice. In contrast, Palmerston sees these top managers as a huge asset for our clients. We start with what works best, and thus use Margin of Safety for all clients. For client portfolios, we use the ideas and often the (no-load) funds of managers with proven, profitable records.
Qualifications
CRD# 2071799
Firm CRD# 10299
Series 6, 7, 63
Compensation/Fee Fee-Based, Hourly, Commissions
Office Location
5910 Wilcox Place,
Suite F,
Dublin,
OH
43016
Phone Number
614-504-0402
Brian has more than 30 years of experience. He holds the following securities registrations: Series 6, 7, and 63, as well as the Ohio Life/Health insurance licenses. He has experience in personal financial planning with individuals and families. Brian completed his Certified Financial Planning designation (CFP®) in 1992. Brian has extensive experience in wealth accumulation, education, family legacy, and retirement planning. He earned his Bachelor of Science in Financial Counseling and Planning from Purdue University and a Master of Science in Personal Financial Planning from the College for Financial Planning. He is a member of the Central Ohio FPA. He is currently teaching financial planning courses at Franklin University as an adjunct professor.
We provide comprehensive financial planning services for those retired or planning to retire in the next 5 to 10 years. Brian has more than 28 years of experience and is an Investment Advisor Representative with Cetera Advisors. He holds the following securities registrations: Series 6, 7, and 63, as well as Ohio Life/Health insurance licenses. He has over 20 years of experience in personal financial planning with individuals and families. Brian completed his Certified Financial Planning designation (CFP®) in 1992. Brian has extensive experience in wealth accumulation, education, family legacy, and retirement planning. He earned his Bachelor of Science in Financial Counseling and Planning from Purdue University and a Master of Science in Personal Financial Planning from the College for Financial Planning. He is a member of the Central Ohio FPA.
Advisory Services Provided:
Financial Planning, Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Education Funding and Planning, Financial Advice & Consulting, Financial Planning for Individuals, Investment Advice & Management, Insurance Products & Annuities
Qualifications
CRD# 1780145
Firm CRD# 2936
Series 6, 7, 63, 65
Compensation/Fee Fee-Based, Commissions, Based on Assets
Office Location
10965 Granda Lane,
Suite 106,
Shawnee Mission,
KS
66211
Phone Number
913-339-6982
Having your financial house in order is one of the best gifts you can give your loved ones, and selecting a financial advisor is the first step. At Summit Pointe Financial Group we play a central role as your "retirement income specialists".Whether it is discusing a 401K rollover or estate planning we play a central role in addressing your needs and concerns, and can provide a lifetime of guidance as well. It is never to early or late to take control of your financial future, and there is no beter time than now to set an appointment with a financial advisor. We welcome the opportunity to explore your financial dreams with you.
Advisory Services Provided:
Portfolio Management, Retirement Planning, 401K Rollovers, Wealth Management, Financial Planning for Individuals, Insurance Products & Annuities
Qualifications
CRD# 1614783
Firm CRD# 282501
Series 6, 7, 63
Compensation/Fee Fee-Based, Hourly, Based on Assets
Office Location
950 New Loudon Rd,
Suite 105,
Latham,
NY
12110
Phone Number
518-464-9974
........
Advisory Services Provided:
Financial Planning, Portfolio Management, Retirement Planning, Wealth Management, Money Management, Risk Management, Education Funding and Planning, Financial Advice & Consulting, Financial Planning for Individuals, Financial Planning for Businesses, Investment Advice & Management, Insurance Products & Annuities
A fee-based financial advisor is a professional who earns money through both a fee paid by their client as well as by selling other financial products and services. Fee-based financial advisors earn additional income from financial products bought through them and through accounts opened through them.
A fee-based financial advisor may be a more cost-effective option for your financial requirements if you're seeking an advisor who can assist you in a range of financial services, as opposed to hiring multiple financial professionals. Moreover, they also may be a good option for you if you're looking for assistance in managing a large portfolio over the long-term.
To hire a suitable fee-based financial advisor, you may
consider asking your friends or family for a few
recommendations. You may also consider using search engines
such as Google, Yahoo and Bing to look up 'fee-only financial
advisors' near you. However, if you're looking for a match
service that can help connect you with the most suitable and
vetted financial advisor for your unique financial situation
and future financial goals, consider using the services of a
free match service provided by WiserAdvisor. Answer a few
simple questions and get matched to upto 3 qualified financial
advisors suited to your needs.
You may also
use WiserAdvisor's Financial Advisor Directory to research and
find a suitable fit for your specific needs. The directory also
provides pertinent information on the advisor's experience,
qualifications, financial services, and more, to help you
assess if they are a good fit for you.
Financial advisors fees were considered deductible from taxes
under 'miscellaneous investment-related expenses' up until
2017. However, in late 2018, alterations were made to the Tax
Cuts and Jobs Act that eliminated miscellaneous itemized
deductions for the 2018 tax year. Hence, post this change,
advisor fees are no longer tax-deductible. These changes will
remain effective until the 2025 tax year, unless the government
were to reconsider their decision.
Read More
: Are
Your Financial Advisor Fees Tax Deductible?
If you're working with a commission based advisor,
transitioning to a fee-based advisor may be a wise choice for
you. Commission based advisors may not follow a fiduciary
standard of duty and may not put your best interests as a
client before their own while suggesting financial products to
you; fee-based advisors, on the other hand, tend to be
fiduciaries, so you can expect more transparency in their
services.
Additionally, commissioned
services may work better for clients who are looking for an
advisor who is less active in managing their portfolio over a
limited period of time. However, if you're looking for an
advisor who is actively involved in allocating assets and
managing your portfolio on a long-term basis, transitioning to
a fee-based advisor may be the right option for your needs.
There are number of advantages to working with a fee-based
financial advisor:
i. Fee-based financial advisors can assist you over
the long-term in helping you manage and grow your finances
through various financial services, from investment management
to financial planning, and more. They may also be a more
cost-effective option for your financial needs if you require
assistance for a range of financial services, as opposed to
hiring multiple financial professionals.
ii. Fee-based financial advisors tend to be
fiduciaries, which indicates that they are legally bound to put
your interests before their own in the financial advice and
services they offer. You can also expect transparency in the
services they provide, such as having a set fee structure as
per the services the advisor offers.
