How Are We Different
The following table clarifies the differences between "Fee Only" advisors and most other financial advisors including those who call themselves "Fee-Based".
| Characteristic |
Allied Portfolio Management (Fee Only) |
Most Other Sources of "advice" including "fee-based" |
|---|---|---|
Client-Centered Advice by an Independent Fiduciary |
Our firm charges fixed fees quoted in advance so there is no hidden conflict of interest between you and your advisor. We also do not accept referral fees or "free trips to Tahiti". 100% of our compensation comes from our clients rather than brokerages, hedge funds, insurance companies and other product solicitors. This is recognized as the consumer friendly "fee-only" business model. |
Whether they admit it or not, most advisors have an agenda to sell products that are the most profitable for their firm. Most fees are hidden from the client so he or she is unaware. This allows the advisor to steer the advice so that his compensation is greatest rather than what is best for the client. Many of these firms use the term "fee-based" to confuse the public into thinking they are getting "fee-only" advice. |
High-Touch Service |
Our clients share their goals and needs with us. We, in turn, use our expertise to seek out the most appropriate solutions for them. We're not the right fit for everybody. We limit the number of clients we work with so we can be more attentive. This allows us to provide a higher level of service. |
Clients are seen as a "distribution channel" for the products offered by the large financial services firms. When their advisors change firms or leave the industry, then the client is reassigned to the newest crop within the sales force. Industry veterans may work with 200 - 500 customers. |
Reasonable Management Fees |
Our standard fee schedule for all clients is typically much less than that of traditional advisors. We have no hidden fees. |
Many advisors charge 2% or more, simply to manage your investments, not to mention the hidden fees prevalent in brokerage firms. |
Comprehensive Approach |
Offering true wealth management that integrates investment consulting, advanced planning and relationship management, using our expert team. |
Focused on sales. |