Our Compensation

As investment adviser representatives of Commonwealth Financial Network®, our compensation for advisory services will depend upon the goals and needs of our clients. We will first analyze your specific situation to determine the appropriate structure. Below is a brief description. 

Advisory Fees
We are compensated by a quarterly management fee for clients who have a long-time horizon but are not seeking a pure buy-and-hold investment strategy. They prefer a “managed portfolio.” The fee is equal to a small percentage of a client's assets and will be based on the account size and investment objectives.

We are compensated by commissions or sales charges for clients who prefer a pure buy-and-hold investment strategy or have a need for risk management products. 

Consulting Fees
We are compensated by consulting fees when our clients need a professional opinion on a variety of financial projects but want to remain free to implement any recommended course of action “on their own.” These services are available on an hourly basis or a flat fee for ongoing projects. 

We receive a significant amount of our compensation when our current clients introduce us to friends, family, and colleagues who are a good fit for our practice. We prefer spending our time servicing our clients or assisting new client referrals, rather than marketing to unknown individuals or businesses.