We believe in full transparency and full disclosure - especially when it comes to fees.
Pharos Wealth Management acts as a fiduciary which means we are required by law to act in the best interest of the client: you. We look for the best, most appropriate strategy for YOU, regardless of how we are compensated.
As independent fee-based financial advisors, we offer brokerage and advisory services through LPL Financial. That means that we have an open platform which gives you options to engage with us in the most cost-effective manner. Different people have different needs and we've created an accessible model that allows us to serve clients in a way that best suits them. To put it simply, compensation works in one of a few ways:
Monthly statements detail the fees, so your standing is always clear. We also have regular discussions about what you're paying in every review meeting so there are never any surprises and you're always in the know.
We encourage you to reach out to us so we can discuss which option best suits you. As fiduciary financial advisors, we will help guide you to the most cost effective and appropriate arrangement for you.