Why do some advisers say only fee based planning is good and that if you get sold an A share that’s a non fiduciary adviser? To me that person is not compliant under the fiduciary standard.

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It depends on your business model. If you are a “planner” and use buy and hold strategy, A shares are fine. If you are a “money/wealth manager” and use fee base, you better be rebalancing at least every 6 months to keep up with current market condition.

I agree with FA1, if you are using fee base and using MF you will be beat by any money manager that is using stocks or ETFs and rebalancing (assuming they know what they are doing).

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I mean honestly you have to take the persons situation into consideration and either fee or front load could be correct.

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Front load is always cheaper long term and better performing and if you’re only using mutual funds in your fee based you cannot show me one portfolio that beat my portfolios on any 5 year + graph. I’ve seen them all.

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Fee only planning allows you to give the client all the help they are willing to pay for. You can set up 5ere investments with ETF asset allocations at very low cost. Change or rebalance as needed. Very good value for the client.

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5ere = their. Damn the autocorrect 😎

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Dunncreek can you explain that again, not sure what you meant by 5ere.

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