Frequently Asked Questions

Please click the questions below to discover our answers.

What is a Fee-Only Financial Advisor?

A financial advisor may describe their practice as “fee-only” if, and only if, all of their compensation comes exclusively in the form of fixed, flat, hourly, percentage or performance-based fees.

Barnes Investment Advisory, Inc. offers investment advisory services as a fee-only, Securities Exchange Commission Registered Investment Advisory firm. Our fees are a percentage of Assets Under Management.  We will not charge or receive commissions, mark-ups on securities, nor will the firm or our associates receive commissions on any purchase of insurance products.

What does being a Fiduciary mean?

As a Registered Investment Advisory firm, Barnes Investment Advisory, Inc. is held to a fiduciary standard as set forth in the Investment Advisors Act of 1940. We are committed to acting in the utmost good faith and we will perform in a manner that we believe to be in the best interest of our clients. As fiduciaries, we’re obligated to put you – our client – first. We believe this differentiates us from other firms in the financial services industry.

How much experience does your team have?

Our team consists of seven strong members. Stephen Barnes is a Chartered Financial Analyst and Certified Financial Planner. He holds a Bachelor of Science degree in Business Administration. Kathie Barnes is a Certified Financial Planner. She holds a Bachelor of Arts degree in Education, and a Master of Counseling. Together, they have worked to deliver personal financial services continuously since 1983, and have owned Barnes Investment Advisory, Inc. for 26 years. Additionally, we have four strong supporting team members. For complete team biographies, please use the drop down menu under the About tab and click Meet the Team.

What is a CFP®?

In the United States, a Certified Financial Planner™ (CFP®) is a financial professional who has met several stringent requirements in the field of personal finance, including meeting educational requirements, passing an examination series, and demonstrating work experience. Personal finance topics include financial goal setting, investment management, education planning, retirement planning, tax management, and estate planning.

CFP® professionals must complete an Ethics Declaration as well as a background check to ensure the highest ethical standards. Additionally, to maintain certification these license holders must complete thirty hours of continuing education every two years.

To learn more about the CFP® program, visit www.cfp.net

What is a CFA?

An investment or financial professional who holds the Chartered Financial Analyst (CFA) designation has successfully completed a rigorous set of tests that prove expertise in practical portfolio management and investment analysis. The program covers a broad range of topics relating to investment management, financial analysis, stocks, bonds and derivatives, and provides a generalist knowledge of other areas of finance. Successful candidates take an average of four years to earn their CFA charter.

The CFA Institute aspires to lead investment professionals by “promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society.” As such, a CFA charter holder must abide by a stringent set of ethical standards and code of professional conduct.

To learn more about the CFA program, visit www.cfainstitute.org