Whether I Roth convert or not has no bearing on what my advisor makes. In fact my last conversation with him specifically included that topic, among a few other things. We talked for an hour, and he spent an additional 1.7 hours on a 24 page report that covered all of the things I wanted to go over. I paid him $945 (27 six minute units at $35 per six minute interval). That’s how fee only advisors work. They have no conflict of interest. You pay for their time. That’s it. They, as a rule though do not manage. They fill an advisory role for those of us who feel comfortable managing our finances on our own.
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