Fee-Only vs. Fee-Based Financial Advisor

What Does a Financial Advisor Cost?

You realize that you may need a financial advisor. You’d like to invest some money from your new business, but aren’t sure how to start. You’d love to find a financial advisor in your community to help you plan for retirement, but you keep putting it off. You need an investment plan for your family and want some guidance. You may switch jobs, and are concerned about how to rollover your 401k plan. You’ve heard that a financial advisor can make a huge difference, but aren’t sure it’s worth it.

And then you keep coming back to the main question: how much will a financial advisor cost?

So, you Google it.

And then you get hit with all sorts of conflicting terms coming at you, like “fee-based financial advisor vs. fee-only financial advisor” and “low-fee financial advisor” and “fee-based financial advisor.” It can make your head spin.

We can explain, simply and quickly.

Fee-Only Financial Advisor

One Day In July is a fee-only financial advisor. As registered financial advisors, we do not sell products for which we are paid commission. Our low fees are transparent and simple. We are independent financial advisors, meaning that we do not work for a large financial firm. We are fiduciaries and as fiduciaries, we operate in your best interest, at all times.

In contrast, fee-based financial advisors may charge both fees and commissions. We do not believe this to be in your best interest.

If you are paying 1% or more – and many people are – we believe you are paying too much.

Transparent Financial Advisor Fees

At One Day In July, we believe in transparency regarding fees, When working with a One Day In July financial advisor, you will know the fees before you sign on as a client. There are no secrets, no surprises. You can see our fees right here.

You may be paying too much in fees for your financial advisor. Over time, this can be a huge loss to your net worth.

Our clients appreciate that we are direct and honest. Check out our growth rate here. Wouldn’t you rather know now?

How We Are Different
Low-fee index funds. Transparent & fiduciary financial advisors.
Local Financial Advisor
We are in your community We are local.
Investment Management
We tailor to each client. Index funds at the core.
About Us: Past and Future
Founded on a simple idea, growing fast.
Dan's Corner
Meaningful musings from our founder.
Fiduciary
Your best interests are our priority.
Low Fees
Our fees are among the lowest in the nation.
Financial Planner
Financial advisor optimizes your financial picture.
U.S. Treasury Bonds
Use Treasury Bonds to reduce risk.
Book Recommendations
Here are some of our favorites
Who We Serve
We work with clients nationwide from all financial backgrounds.
When Should I Invest?
Life transistions = important financial decisions.
Retirement: 401k and More
Retiring? Plan the future you want.
IRA Rollovers
401k Rollovers. IRA Rollovers
Active vs. Passive Investing
We believe there is a winner in this debate.
The Investment Process
How we work: low-cost index funds, personalized attention.
Simplicity
Simplicity is the ultimate sophistication.
Investing: What to Focus On
Low-fee index funds. fee-only advisor.
Switching Financial Advisors
Can be uncomfortable, but an important step.
Advisor Recruiting
We attract top-tier talent. Not your usual firm.
Basic Investing
Let's start with Investing 101.
Understanding Your Financial Statement
Let's break it down to basics.
Index Funds
Broad market exposure, low expense.
Behavioral Finance
Nudge vs. Sludge.
Advanced Investing
Let's geek out on stats, figures, and fundamentals.
How Financial Firms Bill
Fee-based vs. fee-only, and lots more.
Who Supports Indexing?
Bogle, Swensen, Buffett, and others.
Transparency
One click to see our fees.
Mutual Funds vs ETFs
Clarifying the difference.
Does Stock Picking Work?
The resaerch says no.
Countering Arguments Against Index Funds
What happens in a down market?
Annuities
Lots of fees, little clarity.
How Do Mutual Funds Work?
Invest in the basket.
How to Relieve Financial Stress
New client? anxiety is normal.
Financial Terms Glossary
Common investment terms you should know.
Inflation
Inflation through the investment lense.
Retired Investing
Retiring? Let us help.
Young Investors
Plant a seed, watch it grow.
High Net Worth Investors
Preserve and grow your wealth.
Investing an Inheritance
Prioritizing and planning for the future.
Widowed Investors
Managing money after a loss.
Female Investors
Your voice needs to be heard. We are listening.
For the Business Owner
Choosing what's best for your business.
Environmental Investing
Carbon intensity, fossil fuels.

Locations

Vermont

New Hampshire

Maryland

United States

Services

Individuals

401k Plans

Institutions

Environmental

Differentiators

Cash Flows

Low Fees

Fiduciary

Dedicated Advisor

Materials

Advisors: Join Us

Careers

Articles on Investing

About the Secure Act

Quarterly Booklets

Resources

Vermont Investment Management

Vermont Retirement Planning

Vermont Wealth Management

Vermont Financial Advisors

Investment Tools

Shelburne, VT Financial Advisor

Frank Koster | Josh Kruk

5247 Shelburne Rd, Suite #101

Shelburne, VT 05482

(802) 777-9768

Stowe, VT Finanical Advisor

Available for meetings in Stowe.

Steve Schleupner

(301) 514-4499

Burlington, VT Financial Advisor

Hans Smith | Katie Muttitt

77 College Street #3A

Burlington, VT 05401

(802) 503-8280

Portsmouth, NH Financial Advisor

Paul Barry

4 Market Street, 2nd Floor

Portsmouth, NH 03801

(603) 531-3773

Frederick, MD Financial Advisor

Available for meetings in Frederick.

Steve Schleupner

(301) 514-4499


Disclosures

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