Why Fee Only
As a Fee-Only advisor, we do not sell any financial products nor work on commissions from mutual fund companies, brokerage firms, or money managers. The only compensation we receive is from our clients.
While many firms and banks claim to be financial advisories, in reality they sell investment products and earn commissions. Representatives of investment banks and/or insurance companies are not required to act as fiduciaries; as a result, they do not have a legal obligation to put their clients’ interests above their own. That compensation structure is fraught with conflicts of interest because those “financial advisors” often recommend investments that earn higher commissions over those most suitable for the client.
Because at ACap we are a Fee-Only fiduciary, our clients rest assured knowing that our recommendations are independent, conflict-free, based on sound investment research, and suitable for each client’s needs, goals, and risk tolerance.