How are you compensated?

We operate on a fee-only basis.  This means that we are paid only and directly by our clients.  We don't get commissions for selling products nor do we have financial or other incentive to prefer one product over another - we recommend only the products that we believe are the best for our clients.

Our charges for specific services depend on the services in question.

For hourly consultation, you’ll pay us directly, either by check or using a third party system (ie. paypal or similar) in order to pay via credit card.  We use an online invoicing system which makes this easy.  We never have access to your credit card, nor do we ever automatically charge anything to one.

For portfolio management services, you’ll be keeping your portfolio with a qualified broker-dealer/custodian with whom you’ll have your own direct agreements in place, and which gives us very strictly limited abilities to manage your portfolio on your behalf.  This arrangement allows us to make trades for you — and with very strict limits, to pull our advisory fees directly from the accounts.  An invoice detailing the fee computation is made available to you, and then, with your prior authorization, the fees are deducted directly from your accounts.  

Sometimes our fees, or part of them, may be deductible or otherwise affect your income taxes.  Sometimes our fees are paid to us with pre-tax money (ie. when pulled from an IRA, our fees are generally considered non-taxable distributions).  We’ll be happy to discuss this, and refer you to your accountant to see how it’d actually work for you.

Meyers Wealth Management, where our goal is to help you achieve your goals
441 California Ave, Suite 7 • Palo Alto, CA 94306 • • 1-800-993-2994
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© David S. Meyers, CFP® 2022