What does fee-only mean?

Fee-only refers to the manner in which we are compensated for our services. We do not receive commissions for any of the investment recommendations that we make. Rather, we are paid based on a percentage of the assets that we manage. Alternatively, in certain circumstances, we also make flat fee or hourly fee arrangements. We do offer performance-based fees in certain circumstances for qualified investors. We believe this compensation method is more transparent than commission based methods of compensation, while also limiting conflicts of interest. Please refer to our form ADV, Part 2A, for additional information about our compensation practices and potential conflicts of interest that may arise.