Quoted in Kiplinger Article about Financial Advice Options and Pricing

I was recently quoted at Kiplinger’s website in an article about the types of financial planning advice available to investors – and how pricing for those services works:

Sheila Padden, a CFP in Chicago, charges between $2,000 and $20,000 a year. Her $2,000 clients are typically professionals with student loans and about $100,000 in net worth; her $20,000 clients may have $5 million or more and need estate-planning help. Fees are calculated based on multiple factors, including income, net worth and the complexity of a client’s finances.

A variety of planning service types are discussed in the article, with a description of the unique value that a fee-only financial planner provides. There’s even a helpful “flowchart” infographic that summarizes your options.

This article is also featured in the December 2017 print edition, on newsstands now.

Click to read this informative article at Kiplinger Online.