Tag: fee-only advisor

Fee only vs. Fee based advisor compensation
December 18, 2021

By: Joseph Vecchio / 0 comment

Fee-Only vs. Fee-Based Advisor Compensation: What’s the Difference

A fee-only advisor is compensated only by the fees he or she directly charges and not by commissions earned from the sale of a financial product.  The fee they charge could be hourly, a flat retainer, or based on a percentage of your investment assets they manage.   A major benefit of working with a […]

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Joseph Vecchio CPA, CFP®, MBA
October 21, 2021

By: Joseph Vecchio / 0 comment

Three Important Criteria to Consider When Choosing a Financial Advisor.

Fee-Only: Compensated only by the client without earning commission of any kind for product sales or referrals. Fiduciary: Legally sworn and obligated to always place the interest of the client ahead of their own. Independent: Not affiliated with any brokerage firm, bank, or insurance company.

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Passive Investment Philosophy
October 7, 2021

By: Joseph Vecchio / 1 Comment

Shore Financial Planning’s Investment Philosophy

The Solution to the Challenge of Investing The real key to successful investing involves disciplined application of three major themes found in modern prudent fiduciary investing:  Broad diversification of risk Low costs Low taxes (for taxable investors).  These factors allow investors the chance to reduce portfolio risk and enhance long term wealth effectively and efficiently. […]

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July 13, 2020

By: Joseph Vecchio / 0 comment

10 Biggest Mistakes To Avoid When Hiring a Financial Advisor

Knowing when to hire a financial advisor If you want to build wealth and optimize your financial life, hiring a financial advisor can be a smart move. Unfortunately, not all financial advisors are equal – not by a long shot. And if you hire someone who isn’t qualified, you could wind up worse off than […]

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June 26, 2020

By: Joseph Vecchio / 0 comment

Why Hire A Fee-Only Financial Advisor?

There’s a lot of confusion and misinformation out there about how financial planners are paid for the services that they provide. Compensation models are more important in the financial planning industry than in many other fields, because the structure used can have a significant impact on the objectivity and quality of the financial advice given […]

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April 7, 2020

By: Joseph Vecchio / 0 comment

3 Flaws of Salespeople That Will Hurt You

THREE Character Flaws That WILL HURT YOU – Ignorance, Incompetence or Incentives. 1. Ignorance- It is possible that they just didn’t know how to analyze your situation holistically/comprehensively. 2. Incompetence – It is also possible that they did not have the right resources or if they did how to apply those resources the right way. […]

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March 17, 2020

By: Joseph Vecchio / 0 comment

Protect Yourself – Fee-Only Financial Planning

What is fee only and tax focused advice? As fee only advisor, I do not represent a bank, a brokerage firm, or insurance company. My sole source of compensation is paid directly by clients in the form of a fee. Why is that important? If you don’t know how your advisor is being paid how […]

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February 28, 2020

By: Joseph Vecchio / 0 comment

ARE YOU MENTALLY PREPARED FOR A 40% MARKET DECLINE?

Many investors are completely unaware of the amount of inherent risk in their investment portfolios. My job is to make sure you aren’t caught unprepared for the next gut-wrenching market correction. Now is the time to ask the question “How far can your investments drop in this market correction?” Once you understand how much of […]

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February 25, 2020

By: Joseph Vecchio / 0 comment

You Must Unlearn What You Have Learned

What’s Taught: Pick winning Stocks Find superior money managers Time Markets Financial Press   What Matters: Reduce Expenses Diversify portfolios Minimize Taxes Discipline

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February 20, 2020

By: Joseph Vecchio / 0 comment

3 Financial Rules for Physicians and High-Income Professionals

INTELLIGENT HIGH-INCOME PROFESSIONALS TEND TO MAKE THE SAME MISTAKES WHEN IT COMES TO MAKING A DECISION ABOUT THEIR FINANCES. Here are 3 rules that all physicians can live by in order to make sure they avoid these mistakes and reach financial independence. Rule # 1 Focus on Saving a 20% Percent of Your Income If […]

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Shore Financial Planning © 2023 All Rights Reserved.

Shore Financial Planning is a fee-only financial advisor based in Monmouth Beach, New Jersey. As a fee-only/commission-free/flat-fee financial planner, I do not sell products or collect commissions. I am a fiduciary financial planner that specializes in tax-focused planning as a CERTIFIED PUBLIC ACCOUNTANT (CPA), and CERTIFIED FINANCIAL PLANNER™ CFP® professional. I serve clients in New Jersey and remotely throughout the U.S.A.