Keeping costs to investors low, delivering sound advice, and developing a long term investment policy is the goal of the independent fee only advisor.  This keeps the investor on track to his or her goals at all times, and does not allow for whimsical changes to a portfolio based on short term market conditions. 

Commission based brokers are limited to those investments which pay them commissions and or 12b-1 fees that come out of the overall expense ratio of the investment thereby increasing the fees to the investor.  We do not accept commissions or 12b-1 fees.  We have, however, established arrangements to receive revenue sharing paid by various mutual funds and sub-advisory fees for the StarPath collective investment funds of which we pass through 100% to our client accounts.  Also, do not be fooled by “fee based” advisors. 

Remember, they not only charge a fee, but also accept commissions and trailer fees! 

A Breakdown:

 

Fee/Type	Fees	Commissions	12b-1
Fee Only	Yes	No	No
Fee Based	Yes	Yes	Yes
Commission	No	Yes	Yes