Next Step Financial Planning

The firm operates on a fee-only basis, meaning it receives no commissions or third-party payments from product sales. Public records and its regulatory filings indicate it may offer a combination of hourly, project-based, retainer, or assets-under-management fee arrangements. The specific fee schedule is detailed in the firm's Form ADV Part 2 brochure, which it is required to deliver to prospective clients.

As a registered investment advisor in Texas, the firm is bound by the Investment Advisers Act of 1940, which imposes a fiduciary duty on investment advisors to act in their clients' best interests. This duty applies to all client interactions, including planning and investment recommendations. The firm's fee-only structure removes conflicts associated with brokerage commissions, reinforcing its fiduciary posture.

The firm's leadership and ownership are disclosed in its publicly accessible Form ADV filings with state securities regulators. The name of the principal advisor and any associate advisors can be found there. Without a current ADV, the specific individuals cannot be confirmed, but the firm is structured as an independent practice rather than a large institutional platform with multiple partners.

Based on its fee-only RIA classification and stated focus on financial planning, the firm likely employs an evidence-based or passive investment strategy. This typically involves constructing diversified portfolios of low-cost ETFs and index funds across asset classes. It does not appear to engage in stock picking, market timing, or alternative investments such as hedge funds or private equity.

No. The firm's identity as a financial planning practice indicates it serves individual and family clients, not pension funds, endowments, or other institutional investors. Its regulatory registration and service model are aligned with retail household advisory work.