What’s all the buzz about fee only net worth advice?
Wednesday, April 28, 2010
Is it really different? Is it really a better approach to wealth management? Is it right for me?
A Fee Only Net Worth approach has two important benefits. It gives clients a big picture overview of their financial affairs and it provides them with complete control over their net worth.
What’s so important about the big picture?
Everything, Without it, people can’t see where they are or where they’re going. They can’t really plan for their future.
Even with expert advice from estate planners, investment managers and other financial specialists, many people struggle to put all the pieces together. They feel like they can't see the forest for the trees.
Ten years ago, I took a different approach. I began practicing as a Fee Only Net Worth Advisor. I wanteed to help people understand how they could take control over their net worth. Our net worth program helps people manage three key financial areas in their lives. Their income, their behaviours and their net worth. Basically, the better people manage these issues, the better their lifestyle will be.
These three issues are the drivers of our program. By using their current and future lifestyle as the benchmark, a balance can be struck between a good life today and a good one tomorrow.
Is net worth management right for you?
Our service is appropriate for individuals and families with a net-worth of over $5 million or a household income of over $500,000 per year.
John Amonson B Com. MBA, RFP, TEP is the president of Unbiased Wealth Management Inc. and a Fee Only Net Worth Advisor. John has over 25 years experience as a financial planner and wealth manager, guiding high net worth individuals to achieve current and future lifestyle goals. He lives in Calgary, Alberta Canada.
