When Less Advice Means More: The Case for the Advice-Only Financial Model
Most people assume that hiring a financial professional means handing over control of their investments. They picture a portfolio manager who picks funds, rebalances quarterly, and charges a percentage of assets under management. That arrangement is so common that many investors do not realize another option exists. The advice-only financial model flips the script. You pay for guidance, not for product transactions or portfolio management. You keep custody of your accounts,
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Most people assume that hiring a financial professional means handing over control of their investments. They picture a portfolio manager who picks funds, rebalances quarterly, and charges a percentage of assets under management. That arrangement is so common that many investors do not realize another option exists. The advice-only financial model flips the script. You pay for guidance, not for product transactions or portfolio management. You keep custody of your accounts,
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