Fee-Only, No-Robo:

Fee-only

We don’t sell anything except our extensive professional expertise in the very complex area of financial planning. We sell no products and we collect no commissions. Our sole compensation comes directly from our clients, and that means we are free to provide fully unbiased advice for the best interest of our clients.

See our Transparent Pricing chart here 

Fiduciary

Soesbe Financial is a fiduciary financial planning firm.  The fiduciary obligation consists of a legal duty of loyalty and care and includes:

• Acting in the best interest and utmost good faith of clients.
• Placing the client’s interests above their own.
• Refraining from personal securities transactions inconsistent with client interests.
• Providing full and fair disclosure of all material facts.
• Providing personalized, suitable investment advice.
• Seeking the best execution of a client’s transactions.
• Providing financial advice and monitoring of client accounts where applicable.

Commissioned advisers and brokers are not bound by the strict fiduciary duty parameters, and instead are held to a much looser standard, that of ‘suitability’.  The suitability standard states that a commisioned adviser has to merely believe that the product they are selling is suitable for the client. For a good description of Suitability vs. Fiduciary Standards, click here.

No-Robo

You are most likely already familiar with the simplest form of robo-planning, the online Retirement Calculator (for example, this one from AARP).

Many financial advisors use impersonal, limited robo-planning computer programs to set up your investment management account. Robo planners are not focused on creating the best-tailored financial plan for you as an individual; a robo-advisor’s primary aim is to gather assets.

Robo-planning focuses on your investments, not on delivering customized advice like whether you should buy instead of rent or how to seriously prepare for the comfortable retirement you want. For a good overview of robo-advisor technology from Investopedia, click here; for an interesting article on the relative merits of robo advisors from Seeking Alpha, click here.

At Soesbe Financial, we deliberately foster and nurture a personal, one-on-one relationship with our clients. We seek to gain an in-depth understanding of the unique individual needs of the client, and work with them, as a team, to align their finances with their personal goals.

Our clients are not numbers or dollars: they are unique individuals with unique needs. And we never lose sight of that simple fact. Our clients often say that we’ve helped them to change their lives for the better. We’re pretty happy about that.

If you feel Soesbe Financial is a good fit for your needs, we encourage you to contact us today to schedule a meeting.