Focus Areas

Client Specialties

Fee Structures

How an advisor is compensated can have an impact on the type of advice that you receive. Fee-only advisors are paid solely by the client, while commission-based brokers are paid by third parties in return for selling specific products. Many advisors receive both fees and commissions. See our "Guide to Financial Advisor Compensation" for more information.

Typical Min. Client Assets

Designations

While designations are not everything when selecting a financial advisor, they often indicate a certain level of knowledge related to a specific field and/or commitment to certain ethical and professional standards. Please see our detailed Guide to Financial Advisor Designations for more information.

Availability

  • Jared Friedman CFP®

    Scotch Plains, NJ

    Personal Finance, Retirement, Investing

    13 answers

    8 out of 8 people found Jared's answers helpful

    Most recent answer
    I just had a fee only advisor quote me $1500 up front and $100 a month for their service. They help with budgeting and planning etc. I don't need all that. I just have very specific questions and want someone to perhaps help manage my portfolio but I'm fearful of commissions? Should I be?

    Is the fee only advisor going to manage the money or are they turning you over to another advisor who will charge you to manage the money?   Who ever is managing the money and charging you for it, should be able to answer your specific questions.  Do not pay for duplicated services.Jared Friedman...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • Michael Sander

    Tarrytown, NY

    Retirement, Investing, Taxes

    26 answers

    28 out of 45 people found Michael's answers helpful

    Most recent answer
    Must a partnership or corporation file a tax form even though it had no income for the year?

    Just to piggyback on Chris' previous answer Yes a return has to be filed.  Many states also assess a franchise fee for businesses that have to be paid annually.  If the fee is not paid timely the penalties are often very...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • James Kinney CCPS,CFP®

    Bridgewater, NJ

    Personal Finance, Retirement, Investing

    115 answers

    137 out of 190 people found James's answers helpful

    Most recent answer
    I am 57 and my wife is 54, we have both paid into Social Security since we were 17. We owe nothing but our monthly utilities, insurances and taxes. Should we both be able to retire now and not collect Social Security until we are 67?

    The only way to answer this is a detailed cash flow analysis.  As Kimberly pointed out, there are obviously other living expenses beyond utilities insurance and taxes.  I suppose you are only referring to housing expenses.  But how can we answer this question without knowing how much you will spend each year on everything?  Not to mention medical - you are on your own until age 65 and depending on where you live, medical insurance - Obamacare notwithstanding - can be...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • Christopher Jorgensen

    Smithtown, NY

    Retirement, Investing, Small Business

    0 answers

    0 out of 0 people found Christopher's answers helpful

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • Myles Newborn III CFP®

    Stony Point, NY

    Personal Finance, Retirement, Taxes

    3 answers

    2 out of 2 people found Myles's answers helpful

    Most recent answer
    If an employee is paid by commission, who is responsible for withholding taxes?

    If an employee is paid by commission and treated in the same manner as an individual who receives straight salary, it is the responsibility of the employer to withhold Income, Social Security and Medicare taxes. The employee withholding would be based on the elections made on the Form W-4. If the individual can be treated as a self-employed independent contractor that individual would be responsible for paying their taxes to the tax authorities. If the employee does not pay tax through...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • Adria Gross FIPC

    Monroe, NY

    Insurance, Healthcare

    9 answers

    11 out of 13 people found Adria's answers helpful

    Most recent answer
    I got a paper from my hospital stating that my insurance has a $300 fee per admission, then the billing department sent me a $1500 bill. So do I have to pay $300 or $1500?

    I would first call the hospital billing department and ask why they are charging you $300 rather than $1,500.  Depending on their response, you might want to read your insurance policy to determine if they are charging you correctly.  The $1,200 can be part of your deductible, co-pay or the hospital, may perhaps, be an out-of-network provider.  After the hospital explains their reasoning and it does not make sense, I would call your health insurance carrier to ascertain if...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • Anna Sergunina CFP®,ChFEBC

    Burlingame, DC
    Santa Barbara, CA
    Washington, CT
    Odenton, MD
    New York, NY

    Personal Finance

    2 answers

    2 out of 2 people found Anna's answers helpful

    Most recent answer
    I recently moved to the US and my green card is still in process. I have an SSN, but it's a "work only" SSN. What are my best options for getting a checking account?

    There a few big banks that can open checking accounts for non-residents and "work only" SSN card.1. CitiBank: http://goo.gl/tTPkDu2. HSBC: http://goo.gl/14FbdXCheck out this...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • Jim Ludwick CFP®

    Odenton, MD
    Washington, DC
    New York, NY
    Santa Barbara, CA
    Burlingame, CA

    Retirement, Investing, Insurance

    22 answers

    9 out of 12 people found Jim's answers helpful

    Most recent answer
    Do you know of any auto insurer that might provide complete primary coverage for a rental car in Texas for a 4-month period?

    I'm sorry we didn't see your question sooner as you may already have found a solution.Insurance is a tricky product. Texas laws on required coverage for non owner operators are available on the internet.  There are several companies that offer this product and you can search, find and contact them. Your credit card company may make an exception or you might have to do a succession of rentals to fit within their 31 day limits. Making a lot of phone calls, asking for concessons, and...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • Bernard Kiely CFP®,CPA

    Morristown, NJ

    Personal Finance, Retirement, Taxes

    10 answers

    9 out of 9 people found Bernard's answers helpful

    Most recent answer
    My husband retired at 62, then passed away at age 64. If I take a survivor's benefit from his account at age 60, can I continue to work? Will taking a surviver's benefit reduce my own Social Security amount when I retire?

    Sorry to hear about your husband.  Generally, the earliest someone can collect Social Security is at age 62.  However, there is an exception for a widow or widower.  This exception is called a "Survivors Benefit" and a survivor is eligible for it at age 60.  However, prior to reaching your full retirement age (for you its probably age 66) all Social Security recipients are subject to the annual earnings test.The test works like this.  The Social Security Administration...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
  • Tracy Becker

    Tarrytown, NY

    66 answers

    59 out of 81 people found Tracy's answers helpful

    Most recent answer
    We have an active line of credit and two inactive lines that are each at $0. Would if be detrimental to our credit to cancel the two un-used accounts?

    It could hurt your credit depending on the overall state and variety of your credit accounts.  If the lines are considered "Revolving Credit" (not all lines are in that category) it can hurt your balance to limit ratios of your revolving credit since you are reducing your aggregate limits.  If these accounts are old they can fall off 2 years after closing them.  If you lose old credit it can hurt your scores since it reduces average age of credit.The best way to tell is if I...more »

    Advisors offer free consultations to determine if you're a good fit for one another. Providing more information in the consultation request will help advisors have a better sense of what you're looking for. The advisor will contact you via email and set up a time to meet. Depending on the advisor, and your preferences, this could be an in-person or online meeting. You are under no obligation to engage them after meeting with them.
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