This was because I don’t have sales licenses for product sales. I’m fee-only and a fiduciary as a result. Actually, only a small, but growing, percentage of financial advisers are fee-ONLY.
You can vet me below where I’ve placed those key links in one place for you.
I am a National Association of Personal Financial Advisers (NAPFA) Registered Financial Advisor.
My information on the Fee Only Network.
My bio on my website.
I have a book called “Wealth Odyssey” that has sales even after many years since publication. It describes how the various areas of personal finance fit together so people see the bigger picture, rather than just separate pieces, and make better decisions about the over financial journey through life.
Most people don’t know there’s this difference. I’m registered for investment advice under the Investment Advisers Act of 1940; I am NOT registered for investment sales under the Securities Exchange Act of 1934 which governs licensing of brokers and dealers, who may work on as fee-based (commissions and fees). There’s an often missed difference between the terms fee-only and fee-based that people miss.
PS. Additional information may be found through my completed answers to NAPFA’s Comprehensive Financial Advisor Diagnostic.