El Paso TX Fee Based Planning: Financial Advisors
This content was written for Kevin Oneill
Are you searching for a financial advisor who is an El Paso TX fee based planning planner? Even know the difference between somebody who is a fee-based planner versus a commission based planner? That might be a better thing to discuss is if you don’t have any idea of what the difference is then that is where we need to start. One of the best financial advisors whether be a fee-based or commission based in El Paso is Kevin O’Neill. You can call to schedule a claim of Kevin O’Neill by going to your phone and dialing 915-373-0989.
When it comes time to hire an El Paso TX fee based planning financial planner you have to make sure that you have all of your ducks in a row. In other words, you want to make sure that you know exactly what you’re hiring for and what your criteria are. If you don’t, then just about everybody is going to look like they should be the one that you’re going to hire. This is going to make it a very difficult decision for you to come to a conclusion on who you want to be your financial advisor. You also don’t want to have multiple financial advisors or it gets confusing.
Let’s talk briefly about the difference between an El Paso TX fee based planning financial planner and a commission-based financial plan. The difference is significant but also very simple. The fee-based financial planner gets paid a fee for advising you on the best options for you to make with your finances. The commission-based financial advisor gets paid a commission based on the products that they sell to you from the company of which they are selling the products from. Some people see a conflict of interest with this commission-based pay structure. However, often the fee-based pay structure is a little bit more expensive than the commission-based fee structure.
It really comes down to what you prefer.If you prefer to pay somebody just based on the advice and experience that they have then you’re going to want to go with a fee-based financial advisor. If you don’t care how they get paid and you could care less if they get paid a commission based on the products they sell you than a commission-based financial planner may be the way to go. What matters, in the long run, is how well they’re going to manage your finances and help you get financially secure. You’re going to find financial advisors with both types of payment were going to be up to get you where you need to go. So again, the decision lies squarely on what you want and what you care about.
To learn more about how financial advisors get paid or more importantly to talk to one of the best financial advisors in El Paso call Kevin O’Neill. You can call Kevin O’Neill to schedule your initial appointment by dialing 915-373-0989. Another great way to learn more about Kevin O’Neill and what he offers for his clients is to visit his website. Kevin O’Neill’s website is www.O’Neil finance.com. Give Kevin O’Neill a call today to get started on your personal financial plan.