The Fee-Only Difference

The beauty of Fee-Only, by-the-hour services is that you pay for just the time your advisor works with you or for you. Just like the as-needed, professional services provided by your doctor, dentist, attorney or CPA, you pay for just the amount of time you use, when you use it.

This type of hourly, as-needed financial planning and advice is a good fit for “do-it-yourselfers”… competent, self-directed people who periodically need or want a second opinion or validation of their current plans and/or investment portfolio. They prefer, however, to manage some or all of the implementation on their own and typically do not want to “turn-over” the ongoing management of their financial affairs to an advisor. These people can often be “just starting out” – or they can be quite wealthy.

In addition, Fee-Only financial planners do not sell financial products such as investments and insurance, and do not accept sales commissions. They work solely for their clients. There are no third-party relationships or outside influences to color their thinking and financial recommendations. With Fee-Only financial planners, all conflicts of interest regarding compensation are removed. For more information on Fee-Only financial planning, including our Code of Ethics, Fiduciary Code and member requirements, please visit NAPFA.


Beacon Financial Advisors, LLC, is a fee-only financial planning and Registered Investment Advisory firm headquartered in Lee’s Summit, Missouri and serving the greater Kansas City area.

The firm offers comprehensive financial planning services. Beacon advisors work solely for their clients. Click here to learn more about our services.

About Us

Kristine McKinley, CFP®, CPA, is the founding principal of Beacon Financial Advisors, LLC, an independent, fee-only financial planning firm located in Lee’s Summit, Missouri and serving the greater Kansas City area.

Kristine focuses on providing fee-only financial planning, investment advice, and tax preparation to individuals and families from all income levels.  About Us

In the News

Investment News – Kristine McKinley discusses the 0% Social Security COLA (for 2016) in No Social Security cost-of-living adjustment in 2016.

Kiplinger Magazine/NAPFA – Kristine McKinley answered reader’s tax questions during the 2013 Jump Start Your Retirement Plan Days sponsored by Kiplinger magazine and the NAPFA Consumer Education Foundation.