Common 401(k) Questions
Cannon Capital Management, Inc. has been working with retirement plans for over 10 years. So, you could imagine that we have heard a fair amount of questions. They have ranged from “How do I become a millionaire?” to “What are the eligibility requirements to enroll?” and everything in between. We know 401(k) plans can seem complicated, and vary from plan to plan, but we are here to help answer all your 401(k) related questions. This month, we thought it would be useful to com
Fee-Only Advisor Vs. Fee-Based or Commision Advisor
We are often asked “how do you get paid?” The answer to that question is very simple: we earn our compensation based on the assets we are hired to manage; in other words, we are a fee-only advisor. As a fee - only advisor we do not accept nor participate in any commission- based revenue that may be associated with an investment we utilize for our clients; that helps keep us unbiased, removes conflicts of interest and keeps us objectively focused in our investment selection
