Fee-Only Wealth Advisory Service, Mayflower Capital, Independent Financial Advice. Donald Martin, Certified Financial Planner TM. Don Martin, CFP®. Fiduciary Fee Only Financial Planner, Hourly Planning

     Fee-only wealth advisory service is designed to offer wealth advisory services without the constant high fees of ongoing asset management. Instead the client requests a work engagement for either a project fee or an hourly fee and when the assignment is completed the contract ends. This allows clients to obtain services without having to deposit their assets with a Custodian that is affiliated with the advisory firm and without having the advisor make trades of their securities. That way the client has control over the investments and thus there are not sudden surprise trades placed by an advisor that might trigger capital gains tax.
     Fee-only wealth advisory service involves integrated financial planning, which involves examining the relationship between tax planning, investment planning, estate planning, education planning, risk management, asset protection, and retirement cash flow planning. For example, a decision to sell a stock investment and buy bonds may trigger a tax consequence and in turn involves deciding for tax purposes should the new investment be placed in a taxable account or a tax deferred retirement account, also should a new replacement investment be established in a FLP as part of estate planning? Or should it be held inside of an irrevocable trust for benefit of heirs? Should the new investment be done by contributing funds to a 529 Plan which would use up the $13,000 annual tax-free gift tax limit?
     The advantage of fee-only wealth advisory service is that it removes conflicts of interest because no sales of commissioned products by the advisor are allowed. The additional advantage of using a fee-only wealth advisory service which is done by project fee or hourly fee type of work is that clients with larger accounts are not paying more simply because they have a larger account.

Mayflower Capital
Donald Martin, CFP®
1000 Fremont Ave. Ste. 135
Los Altos, CA 94024
(650) 949-0775

Don@mayflowercapital.com

Donald Martin is a Napfa registered fee-only financial planner and investment advisor.

This web site is intended only for general educational purposes and should not be relied up for financial planning. To obtain financial planning or investment advice you must sign a written contract requesting financial planning or investment advice services and must have a personalized one to one consultation with us to create a custom built solution for your own unique needs.