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Southshore Financial Planning Offers Value and Transparency in Retirement Planning

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Southshore Financial Planning Offers Value and Transparency in Retirement Planning

April 07
16:57 2023

In the financial planning industry, it is common practice for advisors and planners to charge clients an assets under management (AUM) fee that is close to 1% of the size of their portfolio. So instead of focusing on work that is actually done, financial advisors who follow the AUM model tend to become overly focused on portfolio size, which can result in higher fees and even conflicts of interest.

Knowing how frustrating this can be for clients, Southshore Financial Planning decided to go against the norm by offering their financial planning and investment management services for a straightforward, flat price.

By implementing a flat, fee-only pricing structure, Southshore Financial Planning is able to provide transparency and unbiased recommendations that serve their clients’ best interests. On top of that, they also have clients who have saved over $20,000 in management fees.

“We strive to be financial guides to help our clients navigate to and through retirement for a fair price. Charging some clients nearly twice as much based on the size of their portfolio doesn’t seem fair for most. This would be similar to your physician charging you based on your height and weight rather than the services provided,” shares their team.

For more information about Southshore Financial Planning, visit https://www.southshorefp.com.

About Southshore Financial Planning LLC

Southshore Financial Planning LLC is a flat, fee-only firm that was founded to provide customized fiduciary financial guidance to help individuals live their life to the fullest and write the perfect next chapter to their life story.

Media Contact
Company Name: Southshore Financial Planning LLC
Contact Person: Chris Shoup
Email: Send Email
Phone: 813-406-0544
Country: United States
Website: https://www.southshorefp.com/