The most effective and valued advisors have been moving their business models to "Fee Based" accounts vs. "Commission Based". Fee Based Accounts are to the advantage of the customer and the account holder. The reason for this is in a fee based strategy, a partnership is created between the advisor and the client. The financial interests are aligned in that you and your advisor become partners in managing your portfolio and both prosper when the portfolio performs well.

A fee-based program rewards good management, not transactions. You pay a fee based on the market value of your account rather than the number of transactions processed in your account. In a commission based account, the advisor and client are not necessarily always "sitting on the same side of the table". The advisor is rewarded with the mismanagement of the account by additional transactions which pay the advisor a commission.

The main reason that a fee-based strategy works is that your advisor considers all of your financial needs prior to making recommendations. The advisor can construct and maintain a truly diversified portfolio without exposing the client to repeated commissions. The advisor is compensated to look out for the clients best interests because fee-based programs reward advice and good judgment rather than sales and commissions. Additionally, fee based compensation calls for full disclosure of the financial breakdown of the account on the investment statements.

DiVirgilio Financial Group utilizes the Fee Based approach to build trust and confidence with our clients. Our clients goals become our own and the interests are inseparable.