Fee based advisors

Most companies 401k is probably about 1.3% which is why so many on this board recommend Vanguard.

Just FYI- there is a difference between "fee-based" and "fee-only".

Fee based advisors can still receive a commission for products. They also can charge a fee for things like a comprehensive financial plan (includes estate, tax, insurance, etc.)

Fee only can only charge fixed rate fees for their services. This usually comes by an hourly fee or an assets under management fee. They cannot receive any commissions from any products they recommend.

I went to a fee only CFP and obtained a comprehensive financial plan for about 1,000. I was fine paying the 1k due to the fact that he saved me way more in the long haul. He recommended switching some of my high expense ratio, underperforming funds and replacing them with Vanguard funds (low expense ratio).

I personally would recommend a fee only CFP. They aren't the end all be all but I liked the peace of mind knowing the recommendations were given without conflict of interest.

Hope this helps.

He was freelance. One way to find a fee-only guy is to go to the NAPFA fee only advisor website. From there you can type in your address and it will give you a list of fee-only guys in your area. Most are CFP's also.