{"id":5858,"date":"2024-02-17T22:39:45","date_gmt":"2024-02-17T22:39:45","guid":{"rendered":"https:\/\/moneytology.com\/?p=5858"},"modified":"2024-02-17T22:39:48","modified_gmt":"2024-02-17T22:39:48","slug":"fee-only-financial-advisor","status":"publish","type":"post","link":"https:\/\/moneytology.com\/fee-only-financial-advisor\/","title":{"rendered":"Fee-Only Financial Advisors: What You Need to Know (2024)"},"content":{"rendered":"<p>In the world of finance, there are two primary ways that advisors and planners can be compensated: through flat fees or commissions. When working with a fee-only <b>financial advisor<\/b>, you can expect to pay a set rate for their services, rather than having them earn commissions through the sale or trade of products. This payment structure offers several advantages, including transparency, a lack of conflicts of interest, and a focus on your best interests as the client.<\/p>\n<p>However, it&#8217;s important to consider some potential drawbacks as well. Fee-only <a href=\"https:\/\/moneytology.com\/how-much-does-a-financial-advisor-cost\/\">advisors may be more expensive in terms of the costs<\/a> associated with their services. Additionally, their compensation structure may limit the range of products and services they can offer, as they do not earn commissions from product sales.<\/p>\n<h3>Key Takeaways<\/h3>\n<ul>\n<li>Fee-only financial advisors are compensated through set fees rather than commissions<\/li>\n<li>Working with a fee-only advisor offers transparency and eliminates conflicts of interest<\/li>\n<li>There may be higher costs associated with fee-only advisors<\/li>\n<li>Fee-only advisors may have limitations on the range of products and services they can offer<\/li>\n<li>Consider your specific needs and preferences when deciding whether to work with a fee-only advisor<\/li>\n<\/ul>\n<h2>Advantages of Fee-Only Advisors<\/h2>\n<p>When it comes to financial advice, working with a fee-only advisor can offer numerous advantages. Let&#8217;s explore some of the key benefits of choosing a fee-only advisor.<\/p>\n<h3>Freedom from Conflicts of Interest<\/h3>\n<p>One major advantage of working with a fee-only advisor is the freedom from conflicts of interest. Unlike advisors who earn commissions from selling financial products, fee-only advisors do not have a vested interest in promoting specific investments or services. Instead, they provide unbiased advice that is solely focused on the client&#8217;s best interest.<\/p>\n<h3>Higher Fiduciary Standards<\/h3>\n<p>Fee-only advisors are often held to higher fiduciary standards. This means that they are legally required to act in the client&#8217;s best interest and disclose any potential conflicts of interest. By adhering to these standards, fee-only advisors provide a level of transparency and objectivity that can give clients peace of mind.<\/p>\n<blockquote>\n<p><em>Working with a fee-only <a href=\"https:\/\/moneytology.com\/financial-planners-for-millennials\/\">advisor ensures that your financial well-being is the top<\/a> priority. You can trust that their advice is driven by your best interests, not by potential commissions.&#8221;<\/em><\/p>\n<\/blockquote>\n<h3>Objective and Unbiased Advice<\/h3>\n<p>Fee-only advisors offer objective and unbiased advice since they do not earn commissions from selling financial products. This means that their recommendations are not influenced by financial incentives but are genuinely tailored to meet your financial goals and objectives. With a fee-only advisor, you can expect personalized guidance that aligns with your unique circumstances.<\/p>\n<p>Overall, working with a fee-only advisor provides the assurance of impartial and client-centered financial advice. You can trust that their recommendations are genuinely in your best interest and free from any conflicts of interest.<\/p>\n<p><div class=\"nv-iframe-embed\"><iframe title=\"Are Financial Advisors Worth It? Fee Based vs Fee Only #retirementplan #financialadvice\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/M1ozgIv5I0Y?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/div>\n<\/p>\n<table>\n<tr>\n<th>Advantages of Fee-Only Advisors<\/th>\n<\/tr>\n<tr>\n<td>Freedom from conflicts of interest<\/td>\n<\/tr>\n<tr>\n<td>Higher fiduciary standards<\/td>\n<\/tr>\n<tr>\n<td>Objective and unbiased advice<\/td>\n<\/tr>\n<\/table>\n<h2>Disadvantages of Fee-Only Advisors<\/h2>\n<p>While fee-only advisors offer many advantages, it&#8217;s important to consider some potential disadvantages when deciding whether to work with them. Here are two key drawbacks to keep in mind:<\/p>\n<ol>\n<li>Higher Costs: Fee-only advisors charge a set fee for their services, which can sometimes be more expensive compared to other compensation models. This may be a barrier for individuals with limited resources or those seeking more cost-effective options for <b>financial planning<\/b>.<\/li>\n<li>Limited Product and Service Offerings: Fee-only advisors do not earn commissions from selling financial products, which may limit the scope of products and services they can offer. This could be a concern for individuals with specific financial needs that require specialized products or services.<\/li>\n<\/ol>\n<p>Despite these drawbacks, it&#8217;s important to remember that fee-only <a href=\"https:\/\/moneytology.com\/independent-financial-advisor\/\">advisors still provide valuable expertise and independent<\/a> advice. The decision to work with a fee-only advisor should be based on a careful consideration of these factors and an assessment of your own financial goals and needs.<\/p>\n<h3>Example Table:<\/h3>\n<table>\n<tr>\n<th>Disadvantages of Fee-Only Advisors<\/th>\n<th>Impact<\/th>\n<\/tr>\n<tr>\n<td>Higher Costs<\/td>\n<td>May be more expensive compared to other compensation models<\/td>\n<\/tr>\n<tr>\n<td>Limited Product and Service Offerings<\/td>\n<td>May have restrictions on specialized products and services<\/td>\n<\/tr>\n<\/table>\n<p>I believe it&#8217;s crucial to weigh these disadvantages against the benefits of fee-only advisors to make an informed decision about your <b>financial planning<\/b> needs.<\/p>\n<h2>Fee-Only or Commission-Based?<\/h2>\n<p>When it comes to choosing a <b>financial advisor<\/b>, one important consideration is the compensation model they follow. There are two main options: fee-only and commission-based. Let&#8217;s take a closer look at what each model entails and the factors you should consider when making a decision.<\/p>\n<h3>The Fee-Only Model<\/h3>\n<p>The fee-only model involves advisors who are paid a set fee for the services they provide. They do not earn commissions from selling financial products. This compensation structure ensures that the advisor&#8217;s recommendations are not influenced by any potential kickbacks or incentives tied to specific products. The fee-only model promotes transparency and aligns the advisor&#8217;s interests with those of the client.<\/p>\n<p>The advantages of working with a fee-only advisor include:<\/p>\n<ul>\n<li>Unbiased advice: Fee-only advisors have no financial incentives to recommend certain products or services. They can offer objective advice based solely on your needs and goals.<\/li>\n<li>Fiduciary duty: Many fee-only advisors are legally required to act as fiduciaries, meaning they must prioritize your best interests above their own.<\/li>\n<li>Reduced conflicts of interest: Without commissions in the picture, fee-only advisors can focus on providing tailored solutions without any conflicts of interest.<\/li>\n<\/ul>\n<p>However, it&#8217;s important to acknowledge that the fee-only model also has some potential drawbacks. The fees charged by these advisors may be higher compared to commission-based advisors, which could pose a barrier for individuals with limited resources.<\/p>\n<h3>The Commission-Based Model<\/h3>\n<p>The commission-based model, on the other hand, involves advisors who earn their income through commissions on the financial products they sell. When they recommend or sell a particular product, they receive a percentage-based commission.<\/p>\n<p>While the commission-based model can potentially lead to conflicts of interest, it does have certain advantages:<\/p>\n<ul>\n<li>Potentially lower costs: Since commission-based advisors earn their income from product sales, they may offer their services at a lower upfront cost.<\/li>\n<li>Access to a wide range of products: Commission-based advisors often have access to a broader range of financial products and services that they can recommend to clients.<\/li>\n<\/ul>\n<p>However, it&#8217;s crucial to understand that the commission-based model introduces conflicts that may compromise the objectivity of the recommendations. These conflicts could arise if the advisor receives higher commissions for selling certain products or if they have sales targets to meet.<\/p>\n<h3>Which Model is Right for You?<\/h3>\n<p>Deciding between a fee-only or <b>commission-based advisor<\/b> depends on your unique circumstances and preferences. Consider the following factors:<\/p>\n<ul>\n<li>Your financial goals and needs: Are you looking for comprehensive <b>financial planning<\/b> or specific investment advice?<\/li>\n<li>Your budget: Can you comfortably afford the fees associated with a fee-only advisor, or would a <b>commission-based advisor<\/b> be more cost-effective?<\/li>\n<li>Your comfort with potential conflicts of interest: Do you prefer the peace of mind that comes with fee-only advice, or are you comfortable navigating potential conflicts in pursuit of potentially lower costs?<\/li>\n<\/ul>\n<p>Ultimately, the most important aspect is finding an advisor who aligns with your goals and values, regardless of the compensation model they follow. Take your time, do your research, and consider seeking recommendations from trusted sources.<\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-vs.-Commission-Based.jpg\" alt=\"Fee-Only vs. Commission-Based\" title=\"Fee-Only vs. Commission-Based\" width=\"1024\" height=\"1024\" class=\"aligncenter size-large wp-image-5861\" srcset=\"https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-vs.-Commission-Based.jpg 1024w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-vs.-Commission-Based-300x300.jpg 300w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-vs.-Commission-Based-150x150.jpg 150w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-vs.-Commission-Based-768x768.jpg 768w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-vs.-Commission-Based-120x120.jpg 120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<table>\n<tr>\n<th>Fee-Only Advisors<\/th>\n<th>Commission-Based Advisors<\/th>\n<\/tr>\n<tr>\n<td>Receive a set fee for their services<\/td>\n<td>Earn income through commissions on product sales<\/td>\n<\/tr>\n<tr>\n<td>No financial incentives tied to specific products<\/td>\n<td>May have conflicts of interest due to commission incentives<\/td>\n<\/tr>\n<tr>\n<td>Objective and tailored advice<\/td>\n<td>Access to a wide range of financial products<\/td>\n<\/tr>\n<tr>\n<td>Transparent fee structure<\/td>\n<td>Potentially lower upfront costs<\/td>\n<\/tr>\n<tr>\n<td>Fiduciary duty to prioritize client&#8217;s best interests<\/td>\n<td>Potentially limited product options<\/td>\n<\/tr>\n<\/table>\n<h2>How to Find a Fee-Only Advisor<\/h2>\n<p>When searching for a fee-only <b>financial advisor<\/b> or fee-only planner, it&#8217;s important to consider reputable professional organizations. Two prominent organizations that can help individuals find fee-only advisors are the <em>National Association of Personal Financial Advisors (NAPFA)<\/em> and the <em>Garrett Planning Network<\/em>. These organizations maintain directories where individuals can search for fee-only advisors based on their location and specialization.<\/p>\n<p>One option is the <em>National Association of Personal Financial Advisors (NAPFA)<\/em>, which is a leading professional association for fee-only advisors. Their directory allows individuals to search for fee-only advisors based on specific criteria such as location, expertise, and services offered.<\/p>\n<p>The <em>Garrett Planning Network<\/em> is another organization worth considering. They specialize in connecting individuals with fee-only financial planners who offer hourly or project-based services. Their directory provides detailed information about each advisor, including their background, areas of expertise, and contact information.<\/p>\n<p>It&#8217;s important to verify the fee-only status of potential advisors. Some advisors may claim to be fee-only but still receive compensation through commissions or other means. To ensure you are working with a truly fee-only advisor, ask about their compensation structure during the initial consultation.<\/p>\n<p>Additionally, individuals can consider using online tools that provide personalized recommendations for fee-only <a href=\"https:\/\/moneytology.com\/do-i-need-a-financial-advisor\/\">advisors based on their specific needs<\/a> and preferences. These tools use algorithms to analyze individual requirements and match them with suitable fee-only advisors in their area. Referrals from trusted friends, family members, or professionals in related fields can also be a reliable source for finding a fee-only advisor.<\/p>\n<table>\n<tr>\n<th>Platform<\/th>\n<th>Description<\/th>\n<\/tr>\n<tr>\n<td>NAPFA<\/td>\n<td>Leading professional association for fee-only advisors<\/td>\n<\/tr>\n<tr>\n<td>Garrett Planning Network<\/td>\n<td>Specializes in connecting individuals with fee-only planners<\/td>\n<\/tr>\n<tr>\n<td>Online Tools<\/td>\n<td>Algorithm-based platforms that provide personalized recommendations<\/td>\n<\/tr>\n<tr>\n<td>Referrals<\/td>\n<td>Recommendations from trusted sources, such as friends or professionals<\/td>\n<\/tr>\n<\/table>\n<h2>The Benefits of Fee-Only Advisors<\/h2>\n<p>When it comes to financial advisors, working with a fee-only advisor can provide significant advantages. One of the major benefits is the assurance that they are acting in your best interest. Fee-only advisors are not influenced by commissions or product sales incentives, which ensures that their advice is unbiased and solely focused on helping you achieve your financial goals.<\/p>\n<p>Fee-only advisors often adhere to fiduciary standards, which means they are legally obligated to prioritize your interests above all else. They are required to disclose any potential conflicts of interest and provide transparent advice that aligns with your long-term financial well-being. This level of transparency and <a href=\"https:\/\/moneytology.com\/best-ira-accounts-2\/\">accountability can provide<\/a> peace of mind, knowing that your advisor is committed to working in your best interest.<\/p>\n<p>Another advantage of fee-only advisors is their ability to offer unbiased advice. Since they do not earn commissions from selling financial products, they have no incentive to recommend products or services that may not be in your best interest. They can offer an objective perspective and guide you towards the solutions that genuinely meet your financial needs.<\/p>\n<blockquote>\n<p><em>&#8220;Working with a fee-only advisor provides the reassurance that their recommendations are driven by my best interest rather than commission-based incentives. It&#8217;s comforting to know that they are legally bound to prioritize my goals and disclose any potential conflicts.&#8221;<\/em><\/p>\n<p>&#8211; Sarah Thompson, satisfied client<\/p>\n<\/blockquote>\n<h3>Unbiased Advice and Comprehensive Financial Planning<\/h3>\n<p>Fee-only advisors are committed to providing comprehensive financial planning that extends beyond investment management. They focus on offering holistic advice that encompasses various aspects of your financial life, including budgeting, tax planning, retirement planning, estate planning, and more. Their broad spectrum of expertise enables them to address your unique financial needs and create a tailored plan to help you achieve financial success.<\/p>\n<h3>The Advantage of Transparency<\/h3>\n<p>Transparency is a key advantage of working with a fee-only advisor. With clear and straightforward fee structures, you know exactly what to expect in terms of compensation. Fee-only advisors usually charge a percentage fee based on the assets they manage or an hourly fee for their time and expertise. This transparency ensures that there are no hidden costs or surprises, allowing you to make informed decisions about your financial future.<\/p>\n<p>Overall, working with a fee-only advisor offers numerous benefits, including unbiased advice, comprehensive financial planning, and a commitment to acting in your best interest. By prioritizing transparency and fiduciary standards, fee-only advisors provide peace of mind and guidance that aligns with your financial goals. When choosing an advisor, it&#8217;s essential to consider these advantages and find a fee-only advisor who can meet your specific needs.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-Financial-Advisor-2.jpg\" alt=\"Fee Only Financial Advisor\" title=\"Fee Only Financial Advisor\" width=\"1024\" height=\"1024\" class=\"aligncenter size-large wp-image-5862\" srcset=\"https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-Financial-Advisor-2.jpg 1024w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-Financial-Advisor-2-300x300.jpg 300w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-Financial-Advisor-2-150x150.jpg 150w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-Financial-Advisor-2-768x768.jpg 768w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/Fee-Only-Financial-Advisor-2-120x120.jpg 120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<table>\n<tr>\n<th>Benefits of Fee-Only Advisors<\/th>\n<th>Summary<\/th>\n<\/tr>\n<tr>\n<td>1. Assurance of acting in the client&#8217;s best interest<\/td>\n<td>Fee-only advisors prioritize the client&#8217;s interests, free from commission-based incentives.<\/td>\n<\/tr>\n<tr>\n<td>2. Unbiased advice<\/td>\n<td>Since fee-only advisors do not earn commissions, their recommendations are objective and tailored to the client&#8217;s needs.<\/td>\n<\/tr>\n<tr>\n<td>3. Comprehensive financial planning<\/td>\n<td>Fee-only advisors offer holistic financial planning that covers various aspects of a client&#8217;s financial life.<\/td>\n<\/tr>\n<tr>\n<td>4. Transparency<\/td>\n<td>Fee-only advisors have clear fee structures, ensuring transparency and no hidden costs.<\/td>\n<\/tr>\n<\/table>\n<h2>The Drawbacks of Fee-Only Advisors<\/h2>\n<p>While fee-only advisors offer many benefits, it&#8217;s important to consider the potential drawbacks that come with this compensation model. Understanding these drawbacks will help individuals make an informed decision when choosing a financial advisor.<\/p>\n<h3>1. Cost Considerations<\/h3>\n<p>One drawback of fee-only advisors is that they may be more expensive compared to advisors who earn commissions. Fee-only advisors charge a set fee for their services, which can be a barrier for individuals with limited resources. It&#8217;s important to assess one&#8217;s financial situation and budget to determine if the cost of a fee-only advisor aligns with their financial goals and objectives.<\/p>\n<h3>2. Limited Product and Service Offerings<\/h3>\n<p>Another potential drawback of working with a fee-only advisor is the limitations on the scope of products and services they can offer. Since fee-only advisors do not earn commissions from selling financial products, their offerings may be more limited compared to advisors who earn commissions. This could be a concern for individuals with specific financial needs that require specialized products or services. It&#8217;s important to discuss with potential fee-only advisors the range of products and services they provide to ensure they align with specific financial goals.<\/p>\n<blockquote>\n<p><em>&#8220;Although fee-only advisors offer transparent and unbiased advice, the potential limitations on product and service offerings may not meet the unique needs of some individuals.&#8221;<\/em><\/p>\n<\/blockquote>\n<p>Ultimately, individuals should weigh the benefits and drawbacks of working with a fee-only advisor based on their specific financial situation, goals, and preferences. It&#8217;s important to conduct thorough research and due diligence to ensure that the chosen advisor can provide the necessary expertise and services required for a successful financial planning journey.<\/p>\n<h3>Personal Recommendation<\/h3>\n<p>When considering fee-only advisors, it is essential to evaluate the cost and potential limitations on product and service offerings. One must align their financial goals with the scope of services provided by fee-only advisors. It&#8217;s also crucial to compare the fees charged by different advisors to ensure they are competitive and in line with the services offered.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-investment-advisor.jpg\" alt=\"fee only investment advisor\" title=\"fee only investment advisor\" width=\"1024\" height=\"1024\" class=\"aligncenter size-large wp-image-5863\" srcset=\"https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-investment-advisor.jpg 1024w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-investment-advisor-300x300.jpg 300w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-investment-advisor-150x150.jpg 150w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-investment-advisor-768x768.jpg 768w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-investment-advisor-120x120.jpg 120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<p>By carefully considering the drawbacks and taking proactive steps to address potential limitations, individuals can make an informed decision when choosing a fee-only advisor. Ultimately, the chosen advisor should be able to provide personalized and comprehensive financial planning services that align with the client&#8217;s goals, needs, and preferences.<\/p>\n<h2>Advantages of Fee-Only Advisors<\/h2>\n<p>Working with a fee-only advisor provides numerous advantages that can benefit clients in their financial journey. Let&#8217;s explore some of the key advantages:<\/p>\n<ol>\n<li>\n      <strong>Acting in the client&#8217;s best interest<\/strong><br \/>\n      Fee-only advisors are held to higher fiduciary standards, meaning they are legally obligated to prioritize the client&#8217;s best interest above all else. This commitment ensures that their advice and recommendations are unbiased and focused solely on helping clients achieve their financial goals.\n   <\/li>\n<li>\n      <strong>Transparency and accountability<\/strong><br \/>\n      Fee-only advisors are transparent about their fees and compensation structure, providing clarity for clients. They are committed to disclosing any potential conflicts of interest, ensuring that clients have a complete understanding of how their advisor is compensated. This transparency builds trust and strengthens the client-advisor relationship.\n   <\/li>\n<li>\n      <strong>Unbiased advice<\/strong><br \/>\n      Since fee-only advisors do not earn commissions from selling financial products, their advice is not influenced by any financial incentives. This allows them to provide objective and unbiased guidance, catering specifically to each client&#8217;s unique financial situation and needs.\n   <\/li>\n<li>\n      <strong>Customized financial planning<\/strong><br \/>\n      Fee-only advisors typically offer comprehensive financial planning services that are tailored to the individual needs of each client. By focusing solely on the client&#8217;s best interest and not being driven by product sales, fee-only advisors can design personalized financial plans that align with the client&#8217;s goals, risk tolerance, and time horizon.\n   <\/li>\n<li>\n      <strong>Comprehensive wealth management<\/strong><br \/>\n      Fee-only advisors often provide a wide range of services beyond investment management, including retirement planning, tax planning, estate planning, and more. This comprehensive approach ensures that clients receive holistic financial advice and can benefit from a comprehensive wealth management strategy.\n   <\/li>\n<\/ol>\n<blockquote>\n<p>&#8220;Working with a fee-only advisor provides the reassurance that their advice is unbiased, transparent, and solely in the client&#8217;s best interest. This level of accountability and dedication to fiduciary standards is invaluable in the financial advisory industry.&#8221;<\/p>\n<\/blockquote>\n<p>With these advantages, it&#8217;s clear why many individuals seek out the services of fee-only advisors. The next section will explore some of the potential drawbacks of working with a fee-only advisor, allowing for a comprehensive evaluation before making an informed decision.<\/p>\n<p><!-- Image --><\/p>\n<p style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-advisor.jpg\" alt=\"fee only advisor\" title=\"fee only advisor\" width=\"1024\" height=\"1024\" class=\"aligncenter size-large wp-image-5864\" srcset=\"https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-advisor.jpg 1024w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-advisor-300x300.jpg 300w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-advisor-150x150.jpg 150w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-advisor-768x768.jpg 768w, https:\/\/moneytology.com\/wp-content\/uploads\/2024\/01\/fee-only-advisor-120x120.jpg 120w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/p>\n<h2>How to Find a Fee-Only Advisor<\/h2>\n<p>When it comes to finding a fee-only advisor, there are several reliable options to consider. Two reputable professional organizations that can help you in your search are the National Association of Personal Financial Advisors (NAPFA) and the Garrett Planning Network. Both organizations maintain directories of fee-only advisors, allowing you to easily locate professionals who align with your specific needs, location, and specialization. It&#8217;s always a good practice to utilize these directories as a starting point in your search for a fee-only financial advisor or fee-only planner.<\/p>\n<p>To ensure that an advisor truly operates on a fee-only basis, it&#8217;s crucial to inquire about their compensation structure during your initial discussions. By directly asking how they earn their fees, you can gain confidence that they do not receive commissions from product sales and have your best interests at heart.<\/p>\n<blockquote>\n<p>&#8220;Finding a fee-only advisor doesn&#8217;t have to be a daunting task. With the help of professional organizations and a little due diligence, you can connect with a trusted professional who will provide you with transparent and unbiased financial advice.&#8221;<\/p>\n<\/blockquote>\n<p>In addition to professional organizations, you can also leverage online tools and seek referrals from trusted sources such as friends, family, or colleagues. Online tools can offer comprehensive searches based on various criteria, including location, specializations, and client reviews. Referrals from individuals who have personal experience working with fee-only advisors can provide valuable insights and recommendations.<\/p>\n<p>Remember, finding a fee-only advisor is an important step towards securing your financial future. Take the time to conduct thorough research and make informed decisions to ensure that you partner with a trusted professional who will prioritize your financial well-being.<\/p>\n<table>\n<tr>\n<th>Step<\/th>\n<th>How to Find a Fee-Only Advisor<\/th>\n<\/tr>\n<tr>\n<td>1<\/td>\n<td>Check professional organization directories like NAPFA and the Garrett Planning Network.<\/td>\n<\/tr>\n<tr>\n<td>2<\/td>\n<td>Ask potential advisors about their compensation structure to ensure they are truly fee-only.<\/td>\n<\/tr>\n<tr>\n<td>3<\/td>\n<td>Utilize online tools to search for fee-only advisors based on location and specialization.<\/td>\n<\/tr>\n<tr>\n<td>4<\/td>\n<td>Seek referrals from trusted sources, such as friends, family, or colleagues.<\/td>\n<\/tr>\n<\/table>\n<h2>The Benefits of Fee-Only Advisors<\/h2>\n<p>When it comes to choosing a financial advisor, one of the key considerations is finding someone who will always prioritize your best interest. This is where fee-only advisors shine. As a fee-only financial advisor myself, I can attest to the numerous benefits that this compensation model offers.<\/p>\n<p>First and foremost, fee-only advisors are held to fiduciary standards, which means they are legally obligated to act in the best interest of their clients. Unlike advisors who earn commissions from selling financial products, fee-only advisors have no financial incentive to recommend certain investments or products. This creates a foundation of trust and transparency, knowing that your advisor is solely focused on your financial well-being.<\/p>\n<p>Another advantage of working with a fee-only advisor is the unbiased advice you receive. Since fee-only advisors don&#8217;t earn commissions, they have no conflicts of interest. They can provide objective recommendations and tailor their advice specifically to your needs and goals. This ensures that the advice you receive is personalized and aligned with your best interest, rather than being influenced by potential financial gain.<\/p>\n<p>A fee-only advisor also offers peace of mind. With the fiduciary duty they uphold, you can rest assured that they will always act in your best interest, putting your financial goals first. This level of accountability and integrity is crucial in building a long-term relationship with your advisor and achieving your financial objectives.<\/p>\n<blockquote>\n<p>&#8220;Working with a fee-only advisor has been a game changer for me. I appreciate having someone who is solely dedicated to my financial success, without any hidden agendas or conflicts of interest. It&#8217;s refreshing to know that my advisor is always on my side, providing unbiased advice that truly benefits me.&#8221;<\/p>\n<\/blockquote>\n<p>If you&#8217;re looking for a fee-only financial advisor, there are several reputable organizations where you can find qualified professionals. The National Association of Personal Financial Advisors (NAPFA) and the Garrett Planning Network are two well-known associations that have directories of fee-only advisors. You can search for advisors based on your location and areas of specialization.<\/p>\n<h3>Comparing Fee-Only Advisors to Commission-Based Advisors<\/h3>\n<table>\n<tr>\n<th>Fee-Only Advisors<\/th>\n<th>Commission-Based Advisors<\/th>\n<\/tr>\n<tr>\n<td>Act in the client&#8217;s best interest<\/td>\n<td>Potential conflicts of interest<\/td>\n<\/tr>\n<tr>\n<td>Transparency and objectivity<\/td>\n<td>Possible biased advice<\/td>\n<\/tr>\n<tr>\n<td>No financial incentive to promote certain products<\/td>\n<td>Earn commissions from product sales<\/td>\n<\/tr>\n<tr>\n<td>Personalized advice tailored to the client<\/td>\n<td>May push products that don&#8217;t align with client goals<\/td>\n<\/tr>\n<\/table>\n<p>As you can see, fee-only advisors offer numerous advantages that can greatly benefit your financial journey. From the assurance of fiduciary duty to the unbiased advice and personalized approach, working with a fee-only advisor can provide the guidance and support you need to achieve your financial goals.<\/p>\n<h2>The Drawbacks of Fee-Only Advisors<\/h2>\n<p>While fee-only advisors offer many benefits, it&#8217;s important to be aware of the potential drawbacks that come with this compensation model. Understanding these drawbacks will help you make an informed decision when choosing a financial advisor. Here are a few considerations to keep in mind:<\/p>\n<ol>\n<li><strong>Higher Costs:<\/strong> Fee-only advisors charge a set fee for their services, which can be more expensive compared to advisors who earn commissions from selling financial products. This fee structure may pose a barrier for individuals with limited resources or those looking for more affordable options.<\/li>\n<li><strong>Limited Product\/Servic<\/strong>e: Due to their fee-only structure, these advisors do not earn commissions from selling financial products. As a result, they may have limitations on the scope of products and services they can offer. This could be a concern for individuals with specific financial needs that require specialized products or services.<\/li>\n<\/ol>\n<p>It&#8217;s important to carefully evaluate these drawbacks in relation to your personal financial goals and preferences. While the benefits of fee-only advisors are significant, it&#8217;s essential to consider whether the potential drawbacks align with your specific needs.<\/p>\n<h2>Fee-Only or Commission-Based?<\/h2>\n<p>When it comes to choosing a financial advisor, one key consideration is the compensation model they use. There are two main options: fee-only and commission-based. Let&#8217;s take a closer look at each to understand their differences.<\/p>\n<h3>Fee-Only Advisors<\/h3>\n<p>A fee-only financial advisor is paid a set fee for the services they provide, regardless of whether they sell any financial products. This means their income is not dependent on commissions from product sales. Fee-only advisors are often seen as offering more transparent and objective advice since they don&#8217;t have a financial incentive to steer clients towards specific products.<\/p>\n<p>Working with a fee-only advisor can bring peace of mind, as they are legally required to act in the best interest of their clients. They must prioritize the client&#8217;s needs and disclose any potential conflicts of interest. This fiduciary duty ensures that the advisor puts their client&#8217;s financial well-being first.<\/p>\n<p>While fee-only advisors provide unbiased advice, it&#8217;s important to note that their services may come at a higher cost. Since they don&#8217;t earn commissions, their fees might be higher compared to commission-based advisors.<\/p>\n<h3>Commission-Based Advisors<\/h3>\n<p>Commission-based advisors, on the other hand, earn their income through commissions on the financial products they sell. They don&#8217;t charge a set fee for their services but rather receive a percentage of the product&#8217;s value as their compensation. This payment structure means that their income is directly linked to sales, which can create a potential conflict of interest.<\/p>\n<p>Commission-based advisors may offer a wider range of products and services since they have the incentive to sell specific financial products. However, this can also lead to a lack of transparency and potential bias in the recommendations they provide.<\/p>\n<p>It&#8217;s important for individuals to carefully consider their specific needs and preferences when choosing between fee-only and commission-based advisors. Taking into account factors such as transparency, potential conflicts of interest, and the cost of services can help in making an informed decision.<\/p>\n<p>To summarize, fee-only advisors are compensated through set fees and prioritize their clients&#8217; best interest, while commission-based advisors earn their income through commissions from product sales. Each model has its own advantages and drawbacks, so individuals should consider their financial goals and preferences before selecting an advisor.<\/p>\n<h2>How to Find a Fee-Only Advisor<\/h2>\n<p>When searching for a fee-only financial advisor or fee-only planner, there are several avenues you can explore to find the right professional who aligns with your needs and goals. Here are some effective strategies:<\/p>\n<ol>\n<li>Professional Organizations: Consider reaching out to trustworthy professional organizations like the National Association of Personal Financial Advisors (NAPFA) and the Garrett Planning Network. These organizations maintain directories of fee-only advisors, allowing you to search based on location and specialization.<\/li>\n<li>Ask About Compensation Structure: To ensure the advisor truly operates on a fee-only basis, it&#8217;s essential to ask about their compensation structure during your initial conversations. This way, you can have confidence that the advisor&#8217;s recommendations are unbiased and solely focused on your best interests.<\/li>\n<li>Online Tools: Take advantage of online tools designed to help individuals find fee-only advisors. These platforms often offer search filters and reviews from previous clients, giving you valuable insights into the advisor&#8217;s expertise and reputation.<\/li>\n<li>Referrals: Seek recommendations from trusted sources, such as friends, family, or colleagues who have had positive experiences working with fee-only advisors. Referrals can provide valuable firsthand insights and help you narrow down your options.<\/li>\n<\/ol>\n<p>Remember, choosing a fee-only financial advisor or fee-only planner requires thorough research and due diligence. By leveraging these strategies and conducting thorough interviews, you can find an advisor who not only matches your financial goals but also prioritizes your best interests.<\/p>\n<h3>Comparing Different Ways to Find a Fee-Only Advisor<\/h3>\n<table>\n<tr>\n<th>Method<\/th>\n<th>Pros<\/th>\n<th>Cons<\/th>\n<\/tr>\n<tr>\n<td>Professional Organizations<\/td>\n<td>&#8211; Trustworthy source<br \/>&#8211; Specialization-based search<\/td>\n<td>&#8211; Limited to listed members<br \/>&#8211; May not have extensive reviews<\/td>\n<\/tr>\n<tr>\n<td>Ask About Compensation Structure<\/td>\n<td>&#8211; Direct confirmation of fee-only status<br \/>&#8211; Personal due diligence<\/td>\n<td>&#8211; Limited to individual recommendations<br \/>&#8211; Requires additional research<\/td>\n<\/tr>\n<tr>\n<td>Online Tools<\/td>\n<td>&#8211; Wide range of options<br \/>&#8211; Search filters and reviews<\/td>\n<td>&#8211; Variable credibility of tools<br \/>&#8211; Possible overwhelming number of results<\/td>\n<\/tr>\n<tr>\n<td>Referrals<\/td>\n<td>&#8211; Firsthand insights<br \/>&#8211; Trustworthy recommendations<\/td>\n<td>&#8211; Limited to personal network<br \/>&#8211; May not align with specific needs<\/td>\n<\/tr>\n<\/table>\n<p>Keep in mind that these strategies are intended to guide you in finding a fee-only advisor; ultimately, it&#8217;s crucial to conduct in-depth research and engage in open communication with potential advisors before making a final decision.<\/p>\n<h2>The Benefits of Fee-Only Advisors<\/h2>\n<p>Working with a fee-only advisor can offer numerous benefits, providing peace of mind and a focus on your best interest. By choosing a fee-only financial advisor, you ensure that their advice is unbiased and free from potential conflicts of interest. Fee-only advisors are held to fiduciary standards, which means they are legally obligated to prioritize your best interest and disclose any conflicts that may arise.<\/p>\n<p>These fiduciary standards set fee-only advisors apart, as they are committed to acting in your best interest at all times. This level of transparency and accountability builds trust between you and your advisor, allowing you to confidently make informed financial decisions.<\/p>\n<p>Unlike advisors who earn commissions from selling financial products, fee-only advisors do not have a vested interest in recommending specific investments or services. This unbiased approach ensures that their guidance is solely based on what is most suitable and beneficial for you.<\/p>\n<p>Additionally, fee-only advisors offer comprehensive financial planning services, covering various aspects of your financial life. They can help you with budgeting, retirement planning, investment management, tax planning, and more. Their holistic approach ensures that all aspects of your financial well-being are taken into account.<\/p>\n<p>Moreover, fee-only advisors prioritize transparency in their fee structure. They charge a set fee for their services, which is agreed upon upfront. This transparency eliminates any surprises or hidden costs, allowing you to budget accordingly and have a clear understanding of the value you receive from their services.<\/p>\n<blockquote>\n<p><em>&#8220;Choosing a fee-only advisor ensures that their advice is unbiased, transparent, and solely focused on your best interest.&#8221;<\/em><\/p>\n<\/blockquote>\n<p>To summarize, working with a fee-only advisor offers the following benefits:<\/p>\n<ol>\n<li>Unbiased advice: Fee-only advisors do not earn commissions, ensuring objective recommendations.<\/li>\n<li>Fiduciary commitment: They are legally obliged to prioritize your best interest and disclose any conflicts.<\/li>\n<li>Comprehensive financial planning: Fee-only advisors provide holistic financial services to address your unique needs.<\/li>\n<li>Transparent fee structure: Upfront fees ensure transparency and allow you to budget effectively.<\/li>\n<\/ol>\n<p>Overall, a fee-only advisor can be a valuable partner in helping you achieve your financial goals and secure your financial future.<\/p>\n<h2>The Drawbacks of Fee-Only Advisors<\/h2>\n<p>While fee-only advisors offer many benefits, it&#8217;s important to consider the potential drawbacks before deciding to work with one. Understanding the limitations of fee-only compensation models can help individuals make informed choices when seeking financial planning services.<\/p>\n<h3>Higher Costs<\/h3>\n<p>One drawback of fee-only advisors is that they may be more expensive compared to other compensation models. These advisors charge a set fee for their services, which can be a barrier for individuals with limited resources. The cost of working with a fee-only advisor should be carefully considered and weighed against the potential benefits and value they can provide.<\/p>\n<h3>Limited Product and Service Offerings<\/h3>\n<p>Another consideration is that fee-only advisors may have limitations on the scope of products and services they can offer. Unlike advisors who earn commissions from selling financial products, fee-only advisors do not have the incentive to recommend specific products. This could be a concern for individuals with specific financial needs that require specialized products or services.<\/p>\n<blockquote>\n<p><em>&#8220;Working with a fee-only advisor can offer transparency and unbiased advice. However, individuals should be aware of potential drawbacks such as higher costs and limited product offerings.&#8221;<\/em><\/p>\n<\/blockquote>\n<h3>Finding the Right Fit<\/h3>\n<p>It&#8217;s essential to thoroughly research and interview potential fee-only advisors to ensure they align with your financial goals and needs. Take the time to understand their compensation structure, services offered, and experience in the areas relevant to your financial planning requirements. Asking for referrals from trusted sources and utilizing online tools can also help in finding a fee-only advisor that suits your specific needs.<\/p>\n<table>\n<tr>\n<th>Drawbacks of Fee-Only Advisors<\/th>\n<th>Understanding the Implications<\/th>\n<\/tr>\n<tr>\n<td>Higher Costs<\/td>\n<td>Consider the expenses <a href=\"https:\/\/moneytology.com\/best-ira-accounts-2\/\">compared to the value provided<\/a>.<\/td>\n<\/tr>\n<tr>\n<td>Limited Product and Service Offerings<\/td>\n<td>Assess the availability of specialized products or services.<\/td>\n<\/tr>\n<tr>\n<td>Finding the Right Fit<\/td>\n<td>Thoroughly research and interview potential advisors.<\/td>\n<\/tr>\n<\/table>\n<p>It&#8217;s important to evaluate both the advantages and disadvantages of working with a fee-only advisor before making a decision. By considering your financial goals, resources, and specific needs, you can determine if a fee-only advisor is the right choice for your financial planning journey.<\/p>\n<h2>Conclusion<\/h2>\n<p>In today&#8217;s complex financial landscape, choosing the right advisor is crucial for achieving your financial goals. Opting for a fee-only financial advisor can provide several benefits and give you peace of mind. By working with a fee-only advisor, you can be confident that their advice is unbiased and solely focused on your best interest.<\/p>\n<p>Transparency is a key advantage of fee-only advisors. They are not influenced by commissions, ensuring that the recommendations they provide are objective and tailored to your specific needs. Additionally, fee-only advisors often adhere to a fiduciary commitment, meaning they are legally bound to prioritize your interests and openly disclose any potential conflicts of interest.<\/p>\n<p>However, it&#8217;s important to consider the potential drawbacks associated with fee-only advisors. They may have higher costs compared to other compensation models, as they charge a set fee for their services. Furthermore, their product and service offerings may be limited, as they do not earn commissions from selling financial products. It&#8217;s essential to carefully evaluate your financial needs and preferences to determine if a fee-only advisor is the right fit for you.<\/p>\n<p>Ultimately, the decision to work with a fee-only financial advisor or not should align with your financial objectives and personal circumstances. By weighing the pros and cons, you can make an informed choice that will support your long-term financial success and well-being.<\/p>\n<section class=\"FAQPage\">\n<h2>FAQ<\/h2>\n<div>\n<h3>What is a fee-only financial advisor?<\/h3>\n<div>\n<div>\n<p>A fee-only financial advisor is paid a set fee for the services they provide, rather than earning commissions on the products they sell or trade.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the advantages of working with a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors offer transparency, unbiased advice, and a fiduciary commitment to act in the client&#8217;s best interest.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the disadvantages of working with a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors may be more expensive compared to other compensation models, and they may have limitations on product and service offerings.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What is the difference between fee-only and commission-based advisors?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors are paid a set fee for their services, while commission-based advisors earn their income through commissions on the financial products they sell.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>How can I find a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>You can find fee-only advisors through professional organizations such as the National Association of Personal Financial Advisors (NAPFA) or the Garrett Planning Network.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the benefits of working with a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors provide assurance that they are acting in the client&#8217;s best interest and offer unbiased advice.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the drawbacks of working with a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors may be more expensive, and they may have limitations on the scope of products and services they can offer.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the advantages of fee-only advisors?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors provide transparency, unbiased advice, and a fiduciary commitment to act in the client&#8217;s best interest.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>How can I find a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>You can find fee-only advisors through professional organizations such as the National Association of Personal Financial Advisors (NAPFA) or the Garrett Planning Network.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the benefits of working with a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors provide assurance that they are acting in the client&#8217;s best interest and offer unbiased advice.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the drawbacks of working with a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors may be more expensive, and they may have limitations on the scope of products and services they can offer.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What is the difference between fee-only and commission-based advisors?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors are paid a set fee for their services, while commission-based advisors earn their income through commissions on the financial products they sell.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>How can I find a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>You can find fee-only advisors through professional organizations such as the National Association of Personal Financial Advisors (NAPFA) or the Garrett Planning Network.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the benefits of working with a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors provide assurance that they are acting in the client&#8217;s best interest and offer unbiased advice.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What are the drawbacks of working with a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors may be more expensive, and they may have limitations on the scope of products and services they can offer.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>What is the difference between fee-only and commission-based advisors?<\/h3>\n<div>\n<div>\n<p>Fee-only advisors are paid a set fee for their services, while commission-based advisors earn their income through commissions on the financial products they sell.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<div>\n<h3>How can I find a fee-only advisor?<\/h3>\n<div>\n<div>\n<p>You can find fee-only advisors through professional organizations such as the National Association of Personal Financial Advisors (NAPFA) or the Garrett Planning Network.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<h2>Our Friends<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.investopedia.com\/articles\/investing\/102014\/feeonly-financial-advisers-what-you-need-know.asp\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.investopedia.com\/articles\/investing\/102014\/feeonly-financial-advisers-what-you-need-know.asp<\/a><\/li>\n<li><a href=\"https:\/\/www.napfa.org\/financial-planning\/what-is-fee-only-advising\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/www.napfa.org\/financial-planning\/what-is-fee-only-advising<\/a><\/li>\n<li><a href=\"https:\/\/money.usnews.com\/financial-advisors\/articles\/what-is-a-fee-only-financial-planner\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/money.usnews.com\/financial-advisors\/articles\/what-is-a-fee-only-financial-planner<\/a><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>In the world of finance, there are two primary ways that advisors and planners can be compensated: through flat fees or commissions. When working with a fee-only financial advisor, you can expect to pay a set rate for their services, rather than having them earn commissions through the sale or trade of products. This payment&hellip;&nbsp;<a href=\"https:\/\/moneytology.com\/fee-only-financial-advisor\/\" class=\"\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Fee-Only Financial Advisors: What You Need to Know (2024)<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":5860,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","neve_meta_reading_time":"","_ti_tpc_template_sync":false,"_ti_tpc_template_id":"","footnotes":""},"categories":[8],"tags":[],"_links":{"self":[{"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/posts\/5858"}],"collection":[{"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/comments?post=5858"}],"version-history":[{"count":2,"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/posts\/5858\/revisions"}],"predecessor-version":[{"id":7605,"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/posts\/5858\/revisions\/7605"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/media\/5860"}],"wp:attachment":[{"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/media?parent=5858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/categories?post=5858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/moneytology.com\/wp-json\/wp\/v2\/tags?post=5858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}