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Fee Only Compensation
Fee-only investment advisors
are compensated solely by fees paid by their clients and do not accept
commissions or compensation from any other source. We believe that
there is a significant conflict of interest if the advisor stands to
gain financially. Less than one percent of all financial advisors are
truly fee-only. Most brokers, investment advisors, and financial
planners are compensated entirely by commissions from the providers of
products recommended and sold. Most of these fees are never disclosed
to the client. Others referred to as "fee-based" or "fee-offset",
charge both a fee and a commission. Echelon uses neither method and
provides full disclosure of all compensation. Fee-only compensation is
surprisingly affordable. Please contact us to discuss a fee structure
that is best suited for your situation.
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