NSIC engages in fee-only relationships, and as such, is neither motivated by commission-based compensation structures nor subject to the potential conflicts of interest that may result under such structures.
NSIC prides itself on providing low costs to our clients. Our fees start at 90 basis points per annum for assets held under management. See the attached graph which displays the impact that fees may have on your portfolio.
Why is Fee-Only important? A financial planner who has a financial stake in the course of action that he/she recommends to a client faces an inherent conflict of interest and cannot be considered objective and unbiased. The vast majority of financial advisors in the United States are sellers of financial products. Some or all of their income may be dependent upon their ability to steer their clients to a limited number of the thousands of financial products available today (putting aside the conflict-of-interest factor, this limiting of choices, in and of itself, often is enough to impact the quality of the investment advice). These "advisors" include stock-brokers, analysts, insurance agents, accountants and attorneys, as well as financial planners. Many of their clients are not aware of their advisor's dependence on selling products, or do not recognize its signifigance (Source - NAPFA.org).
