A fee-based advisor gets paid by the clients and via other sources, such as commissions from financial products that clients purchase. This fee structure can set up a conflict of interest, as the advisor charges you for advice while steering you toward investment products from which the advisor profits.
Here is an article from NerdWallet comparing two pricing models.
If you need to obtain an insurance policy or a mortgage, find an attorney or a tax professional, we can help. We often recommend investments, insurance carriers, attorneys, estate planners, and other vendors and service providers.
Whether you follow these recommendations or not, as a fee-only advisor, Gotham Block generates no revenue.
No. We will offer recommendations that, in our professional opinion, will meet your needs and objectives. Whether you follow our recommendations or not is entirely up to you.
Gotham Block is an Investment Advisor registered with the state of New York. As such, we comply with a host of government regulations designed to protect the consumer. Details of the registration can be obtained from SEC's Adviser Info website.Our firm's CRD number is 290005.
A copy of Gotham Block, LLC Form ADV, Part II is available from the Securities and Exchange Commission's Investment Adviser Public Disclosure website. The form is also available upon request.Our firm's CRD number is 290005.