Fee Only Financial Advisor Planner

Recently many people have had quite a bit of interest in financial advisors and planners. What exactly is a fee only financial advisor planner? What can they do for me?

There are two types of financial planners that give financial advice. Performance based planners receive compensation based on the amount of money that they make for their clients. This means that the more successful their clients are, the more money the planner makes. And, in contrast, there is the fee only financial advisor planner. This type of planner takes a fixed fee for their advice. And, therefore their clients know exactly how much they will be paying up front.

Which one is better? As a general rule, it is always better to pay people for their performance. Think about it. If you were good at what you do, would you want to get paid based on how good you are? Many people say, "Why should I pay $100,000 if I can get the same advice for $10,000? The reason is that if the financial planner is any good, they will have many clients who are willing to pay for their superior performance. This is not only true in the arena of financial planning, but for any professional.

Is it really a good idea to hire a fee only financial advisor planner? In our opinion, the answer is no. Most financial planners are not planners at all. They are merely salespeople. And they sell the investments that pay the highest commission. They will "advise" their clients to buy mutual funds that provide no real value to their clients. These mutual funds go up and down with the market.

So, what's the solution? Our solution is to stop paying other so-called experts. We believe that everyone should become financially educated. We believe that everyone should learn to manage their finances, and to successfully invest. But investing does not have to be difficult or take years to learn.

Our solution is to use Advanced Artificial Intelligence Technology to make investing safer and more predictable. For more information, check www.OnlineInvestingAI.com.