Costs matter. Whether you're buying a car or selecting an investment strategy, the costs you expect to pay are likely to be an important factor in making any major financial decision. People rely on a lot of different information about costs to help inform these decisions. When you buy a car, for example, the sticker price tells you approximately how much you can expect to pay for the car itself. But the sticker price is only one part of the overall cost of owning a car. Other things like sales … [Read more...] about Getting What You Don’t Pay For
At Scottsdale Wealth Planning, we pride ourselves on being an independent registered financial advisor and fiduciary to our clients. But exactly what is an independent financial advisor, are what are some of the benefits to engaging this type of professional? Independent registered investment advisors (RIAs) are professional independent advisory firms that provide personalized financial advice to their clients, many of whom have complex financial needs. Because we are independent, we are not … [Read more...] about Key Benefits of Independent Advisors
Anyone searching for investment advice is undoubtedly confronted with many choices of service providers operating under titles such as certified financial planner, financial consultant, registered investment advisor, stockbroker, and insurance agent. These titles can be confusing because on the surface it is not clear whether these professionals are legally required to have a client's best interest in mind when making investment recommendations. Many investors may have read that the … [Read more...] about What Is Fiduciary Advice?