St. John Fee-Based Financial Planner

For individuals who are looking to take charge of their financial futures and improve their financial outlook, working with a financial planner is a smart first step. A financial planner provides a range of financial planning services to individuals and businesses, including investment support, retirement planning, and more. As you search for a financial planner, you may have questions about fee structures. At Harvest Wealth Partners, we have answers. Reach out to our St. John fee-based financial planner directly today to learn more about fee structures, services, and how to get started. 

Services Provided By a Financial Planner

A financial planner provides myriad financial planning services to individuals, businesses, or both. At Harvest Wealth Partners, our financial planning services include:

Services for individuals

• Investment planning, including navigating 401(k)s, mutual funds, and securities
• Insurance planning, including understanding disability insurance, long-term care insurance, health insurance, and life insurance policies
• Pension plan participant services
• Retirement planning, including gaining insight into different retirement savings accounts, how much money one will need for retirement, and how to plan for Social Security retirement income
• Private wealth strategies, including exploring ways to grow personal wealth

Services for businesses

• Business continuation planning
• Business succession planning 
• Business exit strategy planning
• Business wealth management
• Business employee benefit programs 

Fee-Only vs. Fee-Based Financial Planning Services

When thinking about working with a financial planner, it’s important to understand the differences between fee-based and fee-only financial planners. 

A fee-only financial planner is a financial planning professional who is paid for their services directly by a client who is paying a fee. That fee could be a flat fee, a fixed percent of a client’s portfolio, or an hourly rate. The financial professional only gets paid through the fee; they do not receive a commission or other form of payment.

A fee-based financial planner, on the other hand, will also get paid by charging a client a fee. However, in addition to the client fee, they may also collect a commission or another form of payment from a provider of a financial service or product that is recommended to a client. While some people argue that this creates a conflict of interest, it’s important to remember that CERTIFIED FINANCIAL PLANNERS™ are fiduciaries. A financial planner who is a fiduciary has a legal and ethical obligation to always work within their clients’ best interests, not the best interests of the financial planner. 

Call Our St. John Fee-Based Financial Planner Today

Making the decision to work with a financial planner is one of the smartest things that you can do if you want to take control of your financial future. At Harvest Wealth Partners, we have a strong reputation in St. John and the surrounding areas, always prioritize a client’s needs and financial goals, are fiduciaries, and offer free initial consultations. To learn more about working with our St. John fee-based financial planner today, please call us directly or use the intake form on our website to send us a message at your convenience. We are here to help you!