No two consumers are alike when it comes to financial situations and needs. That’s why we’ve carefully curated the Wealthramp advisor network to address different financial needs. While every advisor is deeply experienced and highly qualified, many specialize in specific areas.
Interested in socially responsible investing (SRI) or ESG? Want a retirement planning expert? Or tax-focused financial planning? No matter where your priorities and passions lie, we’re ready to match you with an advisor who can move you toward your financial goals.
The financial advisor makes money by charging a set amount for the service they provide. They don’t earn commissions recommending or selling you investment products. That means no high-pressure sales pitches. When your financial advisor recommends an investment, it’s because they believe it’s truly right for you.
Simply put, fiduciary advisors are professionally and legally obligated to put your interests first. Surprisingly, non-fiduciary advisors – who are typically called brokers — are actually salespeople. And they are not legally held to the fiduciary standard at all times.
When an advisor on Wealthramp recommends an investment strategy, it’s because they believe it’s truly right for you. Wealthramp network advisors’ fees are typically based on the assets under management (AUM), a retainer or subscription fee, or an hourly or project-based fee. Actual fee structures depend on the complexity of your portfolio.
We won't sell your data. You decide which advisors to talk to. And you won't receive any pushy sales calls from Wealthramp
The easiest way to verify that an advisor is a fiduciary financial advisor is to simply ask them if they are willing to take a fiduciary oath, in writing. And then verify their status. Fiduciary advisors must be registered with the SEC or with their state securities’ regulatory agency.
You can check for an advisor’s Form ADV on the SEC’s IAPD page, which catalogs their registration with the SEC or state, along with disclosures about the firm, the firm’s business operations, conflicts of interest, and any misconduct the firm or advisor may have been involved in.
Some red flags that an advisor doesn’t always act as a fiduciary include:
When you work with Wealthramp to find your financial advisor, we’ve done that work for you - only vetted fiduciary advisors can join our platform. And we’ll give you easy access to Form ADV so you can verify any advisor we recommend.
Fee-only financial advisors’ fees may be paid based on the assets under management (AUM), a retainer or subscription fee, or an hourly or project-based fee. Actual fee structures depend on the complexity of your portfolio.
Click here to read more about how fee-only advisors get paid.
A robo-advisor - also known as a robo - is a type of brokerage account that automates the process of investing. Most robos charge lower fees than conventional financial advisors because they invest your money in prebaked portfolios made primarily of specially chosen, low-fee exchange-traded funds (ETFs). Like conventional human financial advisors, robo-advisors are regulated by the Securities and Exchange Commission (SEC) as Registered Investment Advisors (RIAs), meaning they have a fiduciary responsibility to look out for your best interests when it comes to investment choices.
©2024, Wealthramp Inc. All Rights Reserved.
