FAQ: How are you compensated?

PFA is a Fee-Only Advisor.  This means we are only paid through the fees we charge to our clients, and CANNOT be compensated through ANY other means.  No commissions, no revenue sharing from investments, no insurance sales – or anything else you can think of.

It’s important to understand that our Fee-Only model is NOT the same as Fee-Based.  A Fee-Based advisor maintains registrations with both the SEC and FINRA, meaning they can charge fees for advice under a Fiduciary standard (SEC) OR sell products/securities for a commission under a Suitability standard (FINRA).  A Fee-Only Advisor is the only model that commits to a Fiduciary standard and NO commissions.

Why do we do it this way?  Every advisory practice has conflicts of interests, but those related to money and compensation are always the most concerning.  Our Fee-Only model minimizes conflicts of interest with clients and gives you comfort that our investment advice is not motivated by compensation you are unaware of.  Our fee structure is transparent, independent and aligned with your interests.