 What does "Fee-Only" mean?
This term refers to the method of compensation for the financial planner. "Fee-Only" planners are compensated solely by fees paid by their clients and do not accept commissions or compensation from any other source. "Fee-Only" planners believe there is a significant" conflict of interest" if an advisor stands to gain financially from the purchase of any product he or she recommends to the client. Back to Top How do you charge fees?
For financial planning services I charge a fixed flat fee for the initial financial plan, and an annual flat retainer fee for plan updates and investment management. Back to Top What other forms of compensation are used by financial planners? Some planners are compensated entirely by commissions from the providers of products recommended and sold. Others, referred to as "Fee-based" or "Fee-offset," charge both a fee and receive commissions from selling products. Back to Top 
Who uses these compensation methods? They are most often used by representatives of insurance companies and major investment advisors. They receive a commission when they sell you a product (e.g. an annuity), or when they have you purchase a "loaded" mutual fund. The "load" represents their commission. Usually any fund with "A", "B", or "C" shares has some type of commission associated with it. No-load mutual funds only have one type of share. Back to Top What financial planning services does Long & Associates Offer?
For individuals we offer the following:
Full Financial Plan Financial Review
For Small Business and Non-Profit 401k and 403b Qualified Plans we offer: What are the fees for the Full Financial Plan and how does it work? See Full Financial Plan Back to Top What are the fees for the Financial Review and how does it work? See Financial Review Back to Top 
How do I decide whether the Full Financial Plan or Financial Review is best for me? Click here to answer a few short questions to find out which service is appropriate for you. Back to Top I’m a Small Business or a Non-Profit Organization. How do I get an evaluation of my 401k or 403b plan? Get a short self evaluation of your plan or see a sample of the full Retirement Plan Report Card we can complete and review with you. Back to Top How long have you been in business? Long & Associates has been in business since 2002 Back to Top What are your Qualifications? Chris Long is a Certified Financial Planner®. He also holds a BA in Economics from Yale University and a MBA from Stanford University. Back to Top
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