Here is a list of the flat fee financial advisors that I have heard of.
But before you crack into it…
- Now, it’s getting late and my eyelids are starting to droop, so I didn’t confirm by ADV for all the people on this list to see if they are pure, flat fee advisors (meeting the definition articulated prior in this blog) or if they give clients the option to pay an AUM fee or a flat fee (the latter not being the definition of flat fee advisor in its purest form).
- This list may change; there is no guarantee these advisors will always charge a flat fee in the future. And lastly, by no means would I claim this list to be comprehensive – it’s likely there are flat fee financial advisors I left off inadvertently.
- Please note that some of these flat fee advisors in certain states such as FL, VI, OR, and IL) are required to maintain an insurance license purely to advise, not sell but advise, clients on insurance decisions.
- By the way, in no way does this serve as a recommendation to do business with any of these people listed below. Please conduct your own diligence. I did cursory research but did not verify by their ADV in all cases.
List of flat fee financial advisors
These are advisors who charge clients on a flat fee basis and do not accept AUM fees or commissions. They are pure flat fee advisors.
7 Saturdays Financial – currently has waitlist
Arnold and Mote Wealth Management
Dunes Financial – wait list for one time engagement, not for ongoing
Emancipare Investment Advisors
Family First Financial Planning
Freedom Found Financial
Impact Financial Life Planning
Purpose Built Financial Services
Retirement Roadmap Financial Planning
RFK Capital Management
Stewardship Financial Planning
Truly Prosper Financial Planning
Woodmont Financial Partners LLC
Vilga Financial Planning – has 2 week waitlist
If you want to meet flat fee advisors in your state, here is a Directory of some of the financial advisors – state by state – participating in our Transparency Movement. It will help you find a flat fee advisor near you.
Here is a list of flat fee advisors by state.
By the way, if you didn’t see a flat fee advisor in your state on this list, just send me a message and I’ll ask around in my network.
Join the Transparent Advisor Movement
What is a transparent financial advisor?
- A financial advisor who clearly discloses fees on the website and in all places where cost is discussed, in actual dollar amounts
- A financial advisor who does not charge AUM fees
- A financial advisor who does not charge commissions
- Charges on a flat fee, hourly, or advice-only basis
If you would like to learn more about joining our movement and fighting for higher logic, transparency, and fairness in financial advice, join the Transparent Advisor Movement.
Disclosures
Please understand that this is not an endorsement of any particular company. Please conduct your own due diligence and come to your own decision. Also, I am under no obligation to update this list and the conditions of service offered by these firms may change over time without being reflected here. Although nobody paid me to be on this list, from time to time I may have a business relationship involving the sale of goods and services with the firms on this list.
I can’t say it enough – you have to do your own research. This is not an endorsement of anyone mentioned here, and situations could change and not be reflected here in this blog. Also, there is selection bias inherent in this list. I did not interview all the hundreds of thousands of advisors out there, I conducted research using Google, consulted with my network, and posted on social media. So this is limited to what I had access to given my resources. Again, conduct your own research; this list of low fee advisors is intended to be a starting point but by no means is it exhaustive or conclusive.
Grillo Investment Management, LLC does not guarantee any specific level of performance, the success of any strategy that Grillo Investment Management, LLC may use or mention in any of its content, or the success of any program it may mention in any of its content. Grillo Investment Management, LLC will strive to maintain current information however it may become out of date. Grillo Investment Management, LLC is under no obligation to advise users of subsequent changes to statements or information contained herein. This information is general in nature; for specific advice applicable to your current situation please contact a consultant or advisor. I want to be clear that nothing in this podcast or blog can be interpreted as an investment recommendation of any type. Also, nothing in this podcast or blog can be interpreted as legal or compliance advice. For advise on such matters, contact a legal or compliance advisor.
