Single Point of View

Single Point of View is our way to occasionally share planning ideas relating to personal finance. Our goal is to pass along concepts that you may not be exposed to on a daily basis.

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Elf Spotting, Financial Advisors & Fiduciaries


Thank you John Oliver for explaining the problems in the financial advice industry in a way that I never could (with a lot of swears and humor).     That bowl of soup explains better than I ever could exactly why we act as fiduciaries for our clients.Oliver outlines the reality of the impact of fees (most of which are hidden).  This is exactly why we have moved to a flat fee model for our Personal CFO relationships.  We want you to know what you pay (in dollars) for the advice/guidance we provide. He discussed the new Department of Labor ruling which I wrote about in a recent blog post.  Here are my ‘boring’ thoughts: http://spcfo.com/single-point-of-view-blog/entry/singlepointofview/thoughts-on-the-recent-dol-ruling.html When the lobbyist for the big financial institutions are fighting this hard against a change, you know it is for a reason (hint: it probably isn't because they truly believe it is best for you).  The...
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