Frequently Asked Questions

What does it mean to be a “Fee Only” and “Advice Only” Financial Advisor?

Transparent Pricing: As a fee-only, advice-only advisor, there are no hidden fees from product sales, assets under management (AUM), or high-cost investment funds. You will always know exactly what you are paying for financial advice, with no surprises. We work with people on a flat fee/hourly basis. Our hourly rate is $325/hour.

Fiduciary Commitment: Advice-only advisors are fiduciaries, meaning they are legally required to act in your best interest at all times. You can trust that the guidance you receive is aligned with your financial well-being.

Independent Investment Advice: Advice-only advisors provide personalized investment recommendations without taking control of your accounts. Unlike traditional advisors, we don’t require you to transfer assets to us for management, empowering you to maintain control over your investments.

Minimizes Conflicts of Interest: By charging only for advice, fee-only advisors avoid the conflicts of interest that can arise when advisors earn commissions from selling financial products or are paid based on the assets they manage. This ensures that the advice you receive is solely focused on your needs.

What type of clients does your firm work with?

We work with individuals and families on a flat fee/hourly basis in the greater Milwaukee area and across the country. We charge flat/hourly fees for our advice that isn’t directly tied to assets advised on. This opens up our services to a wide range of people in that it is not a requirement to have a large asset base to receive quality advice. Our clients range from young families just starting out on their path to financial independence along with retirees that have amassed considerable nest eggs.

Where are you located?

Borges Financial is a Registered Investment Advisor in the state of Wisconsin (Greater Milwaukee Area), but we our not bound by location. To best serve our geographically diverse clientele, we are primarily a virtual firm holding meetings via video conference, but we will meet with local clients from time to time.

How much does it typically cost to work with you?

Our hourly rate is $325/hour. Total fees will range depending on each clients needs and complexity of their situation. You will be quoted a fee estimate after having a complimentary introductory call that you can book here.

What are your qualifications?

Paul has spent over a decade working in the financial services industry in a variety of roles ranging from financial planning, investment management, equity research, to consulting. He has a graduate degree in management from Copenhagen Business School and an undergraduate degree in economics from the University of Wisconsin-Madison. Additionally, Paul has earned both his CFA Charter and CFP® certification.