About our flexible fee system

​What is our “Flexible Fee” system for financial planning and how does it affect me?

Our financial planning team provides “Fee for Service Only” work with alternatives methods of payment. At Traditions Wealth Advisors, clients may choose the method of charging that is most satisfactory to their situation. Our sole motive is to accommodate you.

Financial planning services can be paid for on a flat annual fee, quarterly fee, or on an hourly basis. We typically require a $5000 yearly minimum fee. A client may be charged on a commission basis if they choose this method of payment. This is often the case for facilitating a transaction, such as the buying or selling of securities, or through management of funds.

The accommodative business structure of Traditions Wealth Advisors is possible because of our independent status. Traditions Wealth does not sell financial products or is subjected to outside, third party influence. We receive all revenue directly from our clients.

The best way to drive a client-centered business is through strictly “fee-based” charging. Why this is a myth?

A “fee-based” payment method alone does not work because too much emphasis is placed on the perceived value of the performance of a client’s portfolio. An advisor may be objective, but it is more difficult to track the value-added to justify a fee over time. Clients expect an advisor to respond to short-term performance.