Isn’t it time to find out what you’re really paying?
You shouldn’t be paying more just because you have more. We believe the flat retainer fee is the best way to remove the inherent conflicts of interest that are so prevalent in the industry today. If your advisor’s fees are directly tied to your assets under management, you are simply paying more because you have more. The amount you pay is not tied to your needs or the amount of work that is being on done your behalf. In fact, it’s just the opposite.
For instance, if an advisor’s paycheck is directly impacted by the assets you have under management, that advisor has an inherent conflict when providing advice involving selling down assets to buy a house, paying off debt or gifting to family members or charity. These inherent conflicts of interest actually work against you.
In an industry laden with fees and high cost investment products, Coordinated Wealth Management believes in complete fee transparency. Many of these fees are stated as percentages or basis points and never quantified in dollars. High fees and excessive costs are a major obstacle to reaching your goals. We believe that fees should be quantified in dollar amounts so that you can understand all costs associated with your plan.