Join the Growing Advice-Only Movement
Become part of a community of financial advisors who are commited to changing the financial planning industry for the better.
Our Mission
We want to help make Advice-Only the standard for financial advice.
Here's how we're doing that.
Promoting Advice-Only Advisors
We're committed to promoting Advice-Only advisors. On our platform, you can build a customizable profile to make sure consumers know exactly who you are and what makes you and your firm different. Rather than a cookie-cutter template, we give you the space to highlight your unique value proposition. You can describe your fee structure, who your target client is, what areas of specialties you have and much more! You'll have both a short bio as well as a full page bio where you can link to marketing materials, share more information about your background, and even add emojis!
Public Education about Advice-Only
We're focused on educating the public about the benefits of Advice-Only financial planning. Through press releases, podcasts, consumer awareness campaigns and more, we are trying to spread the word about what all of our wonderful advisors are doing. We believe Advice-Only has the power to change the financial services industry for the better and we want to do our part to make sure that happens.
Helping Advisors Get Started As Advice-Only
For advisors looking to start their own Advice-Only practice, we offer all the resources you need to get running and be successful. Through the generous discounts of our partners advisors receive registration assistance, website design support, access to financial planner education, and even a coaching call with someone who has gone through the process of building a successful Advice-Only practice. And, of course, get found by prospective clients sooner by getting listed on our directory.
Advice-Only Values
What Advice-Only Means to Us
We believe financial advice should be free from conflicts of interest and accessible to everyone, regardless of their net worth.
- Unbiased Advice. We believe financial advice should be free from the conflicts of interest that result when advisors sell products or charge asset management fees.
- Trust and transparency. We are tired of the hidden fees and lack of transparency in the financial services industry. We believe financial service fees should be clear and easy to understand.
- Prioritizing expertise over products. We believe that financial advisors should be compensated for their expertise, not for selling products. We believe that clients need an advisor, not a salesperson to be their most trusted financial confidant. Financial advisors should be compensated for their expertise, not for selling products.
- Dedicated to clients' interests. We believe financial advisors should be held to a fiduciary standard and obligated to act in their clients' best interests.
Advice-Only Criteria
We want to set a high bar for what it means to be Advice-Only
The financial planning industry is full of confusing titles and designations. We want to make it easy for consumers to find an advisor who is truly Advice-Only. That's why we have a strict set of criteria that advisors must meet in order to be listed on our advisor directory.
- No Direct Investment Management. You do not directly manage client investments or charge for investment management in any way.
- No Referral Compensation. You do not have any referral relationship in place that provides you a commission or compensation for investment management with a third party.
- No Commissions. You do not receive any commissions of any kind and you do not sell any products (insurance, annuities, etc.). If you recommend such products to a client, you do not receive compensation of any kind for this.
- ADV Requirements. On Item 5, Part E of your ADV, boxes 1, 5, 6, and 7 cannot be checked.
In other words...
You only charge for your advice and are always looking out for the best interests of your clients! If you meet this criteria, we'd love to have you on the Advice-Only Network Advisor Directory.
Membership Options
Get started with the Advice-Only Network today
Choose the plan that works best for you. Standard Membership comes with a 30 day moneyback guarantee.
Standard Membership
Get listed on the definitive directory of advice-only financial planners. *Must meet our Advice-Only criteria.
$39/month
Get StartedCustom Profile on Advice-Only Network
Automatic approval for profile on Fee-Only Network
Access to exclusive Advice-only specific E&O insurance group policy
Advice-Only Advisor Launch Package
Are you a new advisor looking to launch your advice-only practice? Get everything you need to get started including registration support, coaching, and much more. *Must meet our Advice-Only criteria to be listed on our directory.
$1,299One time fee
Get Started6 months of free Advice-Only Network standard membership
Access to templated compliance manual, code of ethics, etc. specific to AO advisors
30% discount for new advisor registration support through our partner Just Compliance
Access to exclusive Advice-only specific E&O insurance (as part of standard membership)
Free website design consultation through Madison Porter Design
$250 off of access to Cody Garrett's Measure Twice Planning education catalog, including CFP® CE courses.
One hour coaching call with Eric Simonson, founder of Abundo Wealth and the Advice-Only Network
Frequently asked questions
- What are the requirements to be listed on the Advice-Only Network Advisor Directory?
You do not directly manage client investments or charge for investment management in any way. You do not have any referral relationship in place that provides you a commission or compensation for investment management with a third party. You do not receive any commissions of any kind and you do not sell any products (insurance, annuities, etc.). If you recommend such products to a client, you do not receive compensation of any kind for this. On Item 5, Part E of your ADV, boxes 1, 5, 6, and 7 cannot be checked.
- What if I don't meet the Advice-Only Network criteria?
If we find that you do not meet the Advice-Only Network criteria, you will no longer be eligible for the Advice-Only Network membership. Your membership will be canceled and any fees paid while you were not receiving the benefits of your membership will be refunded.
- I'm looking to register as a new Advice-Only advisor, what help do you provide?
That's great! We're excited to support you and look forward to having another Advice-Only advisor in the community! We have partnered with Just Compliance to provide discounted compliance consulting and support to new Advice-Only advisors. They can help you with everything from registering as an RIA to creating your compliance documents.
- Can I cancel my membership at any time?
Yes, you can cancel your membership at any time. If you cancel, you will lose access to all membership benefits, including technology discounts at the end of your billing cycle.
- What is the Advice-Only Network Advisor Directory?
The Advice-Only Network Advisor Directory is a directory of financial advisors who meet our Advice-Only criteria. It is a place for consumers to find an advisor who is truly Advice-Only.
Ready to dive in?
Join the Advice-Only Network today.
Become part of the movement to change the financial planning industry for the better.