Comments on: Fee-Only Based on Net Worth, not Portfolio Size http://wheredoesallmymoneygo.com/fee-only-based-on-net-worth-not-portfolio-size/ A personal finance blog written by Preet Banerjee Wed, 23 May 2012 05:38:46 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: John Amonson http://wheredoesallmymoneygo.com/fee-only-based-on-net-worth-not-portfolio-size/#comment-4844 John Amonson Sat, 01 May 2010 21:05:48 +0000 http://www.wheredoesallmymoneygo.com/?p=1030#comment-4844 Hi Derek, Check out my firm's website. It might be what you are looking for. John Amonson MBA, RFP, TEP President, Unbiased Wealth Management Inc. Hi Derek,
Check out my firm’s website. It might be what you are looking for.

John Amonson MBA, RFP, TEP
President,
Unbiased Wealth Management Inc.

]]> By: Derek van Brussel http://wheredoesallmymoneygo.com/fee-only-based-on-net-worth-not-portfolio-size/#comment-2998 Derek van Brussel Sun, 01 Mar 2009 17:10:28 +0000 http://www.wheredoesallmymoneygo.com/?p=1030#comment-2998 Hi Preet, This is a very interesting concept. I sold my business well over a year ago for a 7-figure sum and have been looking for a trustworthy financial advisor ever since, while staying in MMF. I have been reading up a lot on the financial advice industry (i.e. John de Goey's book) and have been all over the Canadian blogs as well. I am quite frankly more than a little concerned with most of the industry's push-equity, borrow-more-to invest, long only, high-fees/low (follow-up) service practices. The total net worth concept -although unusual- interests me, since it might eliminate some of my conflict-of-interest concerns. Could you give me any links to or info on the advisors charging a Net Worth fee ? Hi Preet,

This is a very interesting concept. I sold my business well over a year ago for a 7-figure sum and have been looking for a trustworthy financial advisor ever since, while staying in MMF. I have been reading up a lot on the financial advice industry (i.e. John de Goey’s book) and have been all over the Canadian blogs as well. I am quite frankly more than a little concerned with most of the industry’s push-equity, borrow-more-to invest, long only, high-fees/low (follow-up) service practices. The total net worth concept -although unusual- interests me, since it might eliminate some of my conflict-of-interest concerns.
Could you give me any links to or info on the advisors charging a Net Worth fee ?

]]> By: LinkStuff For Feb 20 http://wheredoesallmymoneygo.com/fee-only-based-on-net-worth-not-portfolio-size/#comment-2997 LinkStuff For Feb 20 Fri, 20 Feb 2009 10:01:52 +0000 http://www.wheredoesallmymoneygo.com/?p=1030#comment-2997 [...] Preet warns us to look carefully at the fees for Fee Only Financial Planners. [...] [...] Preet warns us to look carefully at the fees for Fee Only Financial Planners. [...]

]]> By: Canadian Personal Finance Blog » Blog Archive » When Financial Bloggers Meet http://wheredoesallmymoneygo.com/fee-only-based-on-net-worth-not-portfolio-size/#comment-2996 Canadian Personal Finance Blog » Blog Archive » When Financial Bloggers Meet Fri, 20 Feb 2009 06:11:29 +0000 http://www.wheredoesallmymoneygo.com/?p=1030#comment-2996 [...] at Where Does All My Money Go continues his discussions about Fee Based Financial Planners with Fee Only Based on Net Worth, not Portfolio Size, so these financial planners could throw in the value of your house into his fees? Wow, [...] [...] at Where Does All My Money Go continues his discussions about Fee Based Financial Planners with Fee Only Based on Net Worth, not Portfolio Size, so these financial planners could throw in the value of your house into his fees? Wow, [...]

]]> By: Preet http://wheredoesallmymoneygo.com/fee-only-based-on-net-worth-not-portfolio-size/#comment-2995 Preet Thu, 19 Feb 2009 01:14:11 +0000 http://www.wheredoesallmymoneygo.com/?p=1030#comment-2995 @Jordan - an interesting concept! @Jordan – an interesting concept!

]]> By: Jordan http://wheredoesallmymoneygo.com/fee-only-based-on-net-worth-not-portfolio-size/#comment-2994 Jordan Wed, 18 Feb 2009 12:14:46 +0000 http://www.wheredoesallmymoneygo.com/?p=1030#comment-2994 Hey Preet, I have twisted idea for the industry, why not mix a financial planner with a blog. I've seen so much fantastic advice all over the blogs when people ask for financial help. So take it to the next step. Someone could create an online community just for financial advice. A free website or one that offers it as a low cost service with micro-payments to contributors who provide financial advice. Think a combination of Digg.com, Yahoo Answers (minus the idiots) and the former Google Answers service. Amateur investors, hobbiest, advocates, even professionals could throw out opinions, plans and suggestions to people looking for financial help who are willing to bare all to the community. People would then vote or "digg" the best suggestions to pick the winners. Hey Preet, I have twisted idea for the industry, why not mix a financial planner with a blog. I’ve seen so much fantastic advice all over the blogs when people ask for financial help.

So take it to the next step. Someone could create an online community just for financial advice. A free website or one that offers it as a low cost service with micro-payments to contributors who provide financial advice. Think a combination of Digg.com, Yahoo Answers (minus the idiots) and the former Google Answers service. Amateur investors, hobbiest, advocates, even professionals could throw out opinions, plans and suggestions to people looking for financial help who are willing to bare all to the community. People would then vote or “digg” the best suggestions to pick the winners.

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