Fee-Only Benefits

Fee-Only Personal Financial Planning is the fastest growing segments of the entire financial services industry today because it has proven so effective in helping clients reach their goals. Some of the unique advantages to fee-only financial planning are:

• Fee-Only: MFP is a “Fee-Only” financial planning firm. That means we never accept commissions or compensation from the sale of any financial products like mutual funds or life insurance.  Our fees are based solely on the amount of work we do for you. You have the confidence and peace of mind of knowing that MFP is working only for you and acting in your best interests at all times.

• Comprehensive Approach: Every relevant aspect of your financial situation is important and incorporated into your financial plan. In addition, other factors that may affect the long-range success of your plan are considered, such as your health, family history, or any circumstances that exist now or can be expected in the future.

• Full Disclosure: As a consumer of financial services, you have the right to know exactly how you compensate your advisor. It is standard practice for fee-only planners to disclose this information at our first meeting.

• Communication: The success of your plan ultimately relies on attention to detail during the implementation stages and follow-up. Your personal financial plan is reviewed and revised on a regular basis to reflect changes in your life as well as those outside developments that affect your success.

• Coordination: We do not replace your other advisors, but coordinate their advice with our financial planning and investment management expertise. We work directly with your CPA, your attorney, and other professional advisors to guide you to your ultimate financial goals.