On This Episode:
When you’re searching for a financial advisor, one of the biggest decisions you’ll face is what type of relationship you want to have with them. Ryan, Ron, and Nick break down the key differences between two popular models: the hourly or flat-fee planning model versus the ongoing, comprehensive advisory model. By understanding the differences between these models, you can make an informed decision that aligns with your financial goals and preferences.
You’ll learn why ongoing advisors may be better suited for people with complex, evolving retirement questions, and why hourly planning might work for those with a specific one-time need. More importantly, we’ll explain why choosing the right advisor isn’t about fees alone.
Here’s what we cover in this episode:
🧠 Hourly planning works well for DIY investors with specific needs
💬 Ongoing advice fits best for people with complex or evolving goals
⚠️ Be cautious of fee surprises and limited follow-through in hourly models
📊 AUM-based fees often include proactive planning and implementation
🛠️ The right model depends on your goals, complexity, and how hands-on you want to be
0:00 – Intro
1:41 – Comparing the two models
5:50 – Pros and cons of hourly
11:47 – Comprehensive planning breakdown
15:50 – DIY investors
19:09 – Our planning model
Resources:
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This content is provided for informational and educational purposes only and should not be construed as personalized investment, tax, legal, or financial planning advice or a recommendation regarding any specific security, strategy, or product. The information presented does not consider any individual’s specific circumstances or objectives.
Opinions expressed are subject to change without notice. Information presented is believed to be reliable but is not guaranteed as to accuracy or completeness. Any examples, assumptions, projections, or investment outcomes discussed are illustrative only. Past performance is not indicative of future results.
Investing involves risk, including the potential loss of principal. Tax and legal discussions are general in nature and based on current laws and interpretations, which may change. Before implementing any strategy discussed, individuals should consult with their financial, tax, or legal professionals regarding their specific situation.
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