Fee Transparency
Beacon Private Wealth Management is committed to fee transparency. As a CERTIFIED FINANCIAL PLANNERTM, Brian Stein is held to the highest Fiduciary Standard in the industry.
We are compensated primarily on an Advisory basis. We charge a reasonable percentage of your assets under management. This aligns our interests so that when you do well, we do well.
Some investment solutions have expenses that are not included in the Advisory fee. Mutual funds, Exchange Traded Funds (ETFs), and third-party money managers all have additional costs that will be disclosed to you. We are mindful of these expenses and will recommend the most appropriate investments to help you accomplish your goals.
On occasion and when appropriate, we may suggest solutions that compensate us on a “upfront” (commission) basis. Life Insurance and Long Term Care Insurance are two common solutions where we receive a commission from the carrier.