Only 2 in 10 CFP’s don’t have the ability to sell you some sort of financial product! The eight that can sell you a product as well as work on a fee arrangement are known as fee-based advisors in the industry. But the term fee-based is misleading because the advisor can earn a fee AND receive commissions. The proper term should be fee and commission based advisor! Unless, of course an advisor is fee-only. Once fee-only, no commissions can be earned! Now who would you rather do business with today – one of the 8 or one of the 2 whose interests are best aligned with your own? Remember to ask your advisor just one more question before you hire them… Mr Advisor, do you have the ability to earn commissions?

Chip Explains: ETFs
Hey there, financial heroes in the making! Today, we’re diving into the exciting world of Exchange-Traded Funds (ETFs). They may sound like a complicated acronym,