Your Advisor at Work
Why Clients Hire IAM Financial
IAM Financial is an independent firm not part of a brokerage firm with in-house products and services to sell. We provide objective guidance on which investments and planning strategies best meet your needs. There are no hidden agendas. We are not going to try and sell you a product packaged as a “financial plan”.
Objective “Fee-Only” Advice
Any advisor (insurance agent, lawyer, accountant, financial advisor) with a financial stake (i.e. commissions) in recommendations cannot be considered objective and unbiased. Some or all of their income may be dependent upon their ability to steer you to the product they are offering.
As Fee-Only, IAM Financial is compensated only by our clients and NOT contingent upon the sale of a product. We NEVER receive commissions, rebates, awards, finder fees, bonuses, or any other compensation from others as a result of our client’s implementing our recommendations. Furthermore, there are NO HIDDEN FEES! We believe in transparent compensation so you know what you are getting for your money.
Certified Financial Planner
As Certified Financial Planners, IAM Financial is committed to competent and ethical behavior and has earned the certificate by meeting the stringent Education, Experience, Ethics and Examination requirements set forth by the CFP® Board of Standards.
Personal “Holistic” Approach
With a goal of 35 clients, IAM Financial offers a personal approach in a commoditized industry. Each client has a unique situation that requires special attention with individualized solutions. Many advisors seek quantity over quality, and dehumanize the planning process, sometimes never communicating with their clients, except to make a change. Not at IAM Financial. All planning is done in-house, and made especially for you by a CFP® with more than 12 years experience. Retained clients can expect to work with the same qualified advisor, not an assistant, for up to 30 years.
A Fiduciary Standard
Federal and state law requires that Registered Investment Advisors are held to a Fiduciary Standard. The law requires that an advisor act solely in the best interest of the client, even if that interest is in conflict with the advisor's financial interest. Unfortunately, only a small portion of “financial advisors” are federally or state registered investment advisors. Most so-called financial advisors are considered “Broker-Dealers” by the United States Securities and Exchanges Commission (SEC). They are held to a lower standard of diligence on behalf of their clients. In fact, they are required by the federal law to act in the best interest of their employer, not the best interest of their clients.
IAM Financial is a Registered Investment Advisor, registered with the State of
, and Fiduciary to its clients. We sign the National Association of Personal Financial Adivosr (NAPFA) Oath indicating that we will put our clients’ interest before our own.
"Okay, this bears repeating: if a prospective advisor makes money from commissions on your investments, then they fail my litmus test on that fact alone. There's simply too much conflict of interest. I want you to stick with fee-only planners; they charge a set fee for their services, rather than relying on commissions."