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.
Does wealth provide advantages? Yes, but it can also invite some unique challenges. Consider country music singer Kane Brown. A little while back, shortly after moving into a new home, he went out for a walk. He told his wife he'd be back in half an hour. But seven hours later, after getting lost, [...]
A few weeks back, I described how to conduct an “extreme portfolio makeover”—to scour your investments for holdings which no longer fit your financial plan. There are at least seven ways in which an investment might end up in the “doesn’t fit” category. But at a high level, they fall into one of two [...]
Truth be told, investing is just one ingredient for financial success. In fact, one of the best routes to financial security is also one of the most obvious: to increase one’s income. In the middle of a pandemic, though, this might seem like a tall order. After all, most people’s work lives—not to [...]
This week the stock market hit a milestone, surpassing its pre-coronavirus all-time high. There is a lot of debate about whether this is justified or sustainable—and that’s certainly an important question. But the bottom line is that your portfolio probably looks very different today from the way it [...]
Last week I discussed strategies to avoid making decisions you might regret. But what if it’s already too late? What if you've already made a financial decision you regret? Then what? Below are six strategies to help manage, and hopefully minimize, regret over past decisions. 1. I'll start with a [...]
