Financial advisors have a choice about how they receive compensation, with most firms adopting either a Fee Only payment structure, or one that is Fee Based. Fee Based financial advisors are paid two ways: they receive payment from clients, but also receive commission from outside companies offering financial planning products.
By contrast, Fee Only firms like Oak Maple Finance keep the financial relationship fully in house. That means clients pay advisors directly, with no outside companies or additional commission involved. At Oak Maple Finance, we believe that a Fee Only structure honors our fiduciary promise to put your needs first, avoiding any potential conflict of interest, because the client-advisor relationship is the heart of our business.