Finding a trustworthy financial planner is like looking for a needle in a haystack. Only less than 10% of financial advisors in the country are required to act in your best interest. Luckily, you\u2019re halfway through your search, after discovering the reasons why\u00a0fee-only financial planners are the best way to go. What are Fee-Only Financial Planners? \tFee-based Financial Planners don't sell commission-based products that create conflicts of interest. \tThey\u2019re not tied to a specific company, so they are free to provide a wide array of solutions. \tYou know exactly what you\u2019re paying (fees are more transparent). \tA fee-based financial planner acts as a fiduciary, prioritizing your interest above their own. Here are three great websites to find fee-only financial planners near you. 1. NAPFA National Association of Personal Financial Advisors (NAPFA) is a non-profit association of fee-only financial planners. All of their members have attested to act in the best interest of their clients. It was created in 1983, as a counter to the pervasive practice of planners selling mostly commission-based financial products, which often lead to sub-optimal advice.\u00a0 NAPFA members are required to have an advanced education in financial planning and three years of comprehensive planning experience. Its members are also required to maintain 60 continuing education credits every two years. This means that its members are likely up to date on modern financial planning issues. When you go to napfa.org, just type in your zip code in the search box. It will then show you a list of fee-only financial planning firms near you. \u00a0 NAPFA also lists 10 important questions that you may want to ask prospective financial advisors. The questions include things like, \u201cHow are you compensated,\u201d \u201cDo you accept referral fees,\u201d or \u201cAre you held to a fiduciary standard at all times?\u201d \u00a0 2. XY Planning Network The XY Planning Network is a newer organization of fee-only financial advisors. Its members focus mostly on Generation X and Generation Y clients. XY Planning requires its members to offer financial planning services to clients without requiring a certain asset level. Most if not all of its advisors offer virtual financial planning services. These two requirements make it more accessible to regular people. When you go to their home page, just type in your zip code in the search box. A list of fee-only financial planners in your area will then be generated. Once you click on an advisor, their specialties and fee options will be listed. Only advisors with a CFP\u00ae designation will appear in the \u201cFind an Advisor\u201d search. 3. Certified Financial Planner (CFP) Board The Certified Financial Planner (CFP) Board is the entity that administers the CFP\u00ae designation. The CFP\u00ae designation is perhaps the most well-known and trusted financial planner designation. (Other trusted designations include the Accredited Financial Counselor\u00ae (AFC\u00ae) and the Chartered Financial Consultant (ChFC\u00ae) designations). Not all CFP\u00ae professionals are fee-based financial advisors. So you\u2019ll have to ask the financial advisor directly if s\/he accepts commissions and acts as a fiduciary.\u00a0 To find a CFP\u00ae professional, go to www.letsmakeaplan.org and enter your location.\u00a0 \u00a0 You may notice that many advisors listed here have minimum investable assets of $500,000 or more. Several advisors who work for big-box firms will also usually come up. If you are in your 30s and 40s and most of your retirement savings is in your 401(k), you may want to filter the results and click on the $0-$100,000 investible assets. Out of the three options above, I prefer using NAPFA or XY Planning Network. This way, you can be surer that the advisor you\u2019ll consider is fee-only. Meaning, s\/he does not accept any commissions from a financial product she\/he would recommend, and that the advisor has sworn an oath to act in your best interest. District Capital is a fee-only financial planning firm working primarily with clients in their 30s and 40s in the Washington, DC area. If you\u2019re interested in elevating your finances and maximizing your money, schedule a FREE 30 minute discovery call with one of our fee-only certified financial planners today!