While most advisors charge their clients a percentage of assets, Mayport works on a simple hourly basis.
Mayport is a fee-only fiduciary advisor. No hidden fees, soft dollars or proprietary products.
Mayport believes that low-cost index fund portfolios are the best way to build wealth.
At Mayport, the starting point and foundation for every relationship is an in-depth financial plan.
Learn our three-part framework for building and implementing a financial plan...
If you are working with an advisor who charges you a percentage of your assets, it could literally cost you millions:
Assumes $2 million initial value, 7% annual returns, Mayport fee of $10,000 increasing at 3% per year; traditional advisory fee of 1% of beginning-of-year value.
Earlier this year, as I’m sure you recall, the stock market went into freefall. But all of a sudden, on March 23rd, everything changed. The market turned around, and just as quickly as it had dropped, it started to rebound. Remarkably, the U.S. stock market is now in positive territory for the [...]
In recent weeks, I’ve discussed the election and cautioned against timing the market. But if market timing isn't recommended, then what is? Last week, I suggested one answer: that you review your finances through the lenses of leverage, liquidity and cash flow. This week I’d like to share another [...]
With the election just a month away, many are worried about what lies ahead. And because of that, the most frequently asked question in recent weeks has been: Does it make sense to sell some stocks now, in advance of the election? My view: I see at least four reasons not to sell: Despite the [...]
Do elections affect the stock market? Last week I cited an analysis by Vanguard Group which attempted to answer this question. The verdict: “It’s understandable to have concerns about the election. But as far as your portfolio and the markets are concerned, history suggests it will be a nonissue.” [...]
In The Book of Joan, a tribute to the comedian Joan Rivers, her daughter, Melissa, shares some of her late mother’s quirks. Among them: Her mother always drove 40 miles an hour. Regardless of where she was—on the highway, in a school zone, in the driveway—she always drove 40 miles an hour. Melissa’s [...]
