Fee Consulting | Frankfurt.
Your Fee-Based Financial Investment Advisor from Frankfurt am Main
What is fee-based consulting?
Fee Consulting is a consulting service provided by an independent and optimally qualified advisor (service provider).
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A fee advisor is compensated solely by a fee from the clients receiving the consultation (consumers). This means:
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No additional compensation from third parties occurs.
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There are no business entanglements with product manufacturers (financial service providers, companies).
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With fee consulting, you can therefore expect a service that is purely in your interest.
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However, you should consider the following:
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On one hand, there are no financial advisors at eye level, such as independent and certified tax or legal advisors.The term "fee advisor" does not provide any information about the advisor's qualifications. Unfortunately, there are many different qualifications in the finance sector. You should carefully consider which advisor with which theoretical qualifications and practical experience you choose.
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On the other hand, the fee advisor or fee consulting in the financial services sector is unfortunately not necessarily protected under German law, so you should also carefully consider which advisor or "possibly supposed fee advisor" you choose.
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We still want to create transparency and trust for our clients. For this reason, we are qualified, meaning accredited and certified financial planners of the Financial Planner Standard Board e. V. (FPSB e. V.).
This means that we work with established consulting principles and adhere particularly to ethical rules.
Purest Form of Fee Consulting
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A purely strategic financial, thematic, or project planning by a qualified, meaning accredited and certified financial planner can only be conducted on a fee basis, i.e., fee consulting. This does not initially involve implementation, meaning specific products and their mediation.
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Only after completing this strategic financial, thematic, or project planning can the subsequent implementation of a plan involving specific product recommendations, products, and possibly their mediation, as well as any subsequent support (e.g., in investment consulting or asset management), occur.
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Thus, it can be stated that financial planning represents the "purest form" of fee consulting (consultant level), particularly due to its clear legal separation between advice and product recommendations and mediations.
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Fast Facts: Fee Consulting at Carsten R. Streb e. K.
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Carsten R. Streb e. K. offers financial planning (consulting) for natural and legal persons.
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An analysis of your individual life planning, your financial situation (current), and your financial goals (target) forms the basis of our collaboration.
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We develop your individual financial or thematic plan or specific financial projects.
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Carsten R. Streb e. K. provides these services as fee consulting and does not receive any additional compensation (commissions, etc.) from third parties.
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Value of Fee-Based Financial Consulting:
Individuality.
Our holistic financial planning advisory approach on a fee basis offers individuality (customised solutions), seriously individual, i.e. better and more efficient financial decisions based on your individual financial, thematic or project plan.
Efficiency.
Because of our profession, we work on the efficiency of your financial plan every day.
The starting point is also your cost efficiency. Clarity and transparency give us the best possible overview of the costs incurred and the best possible efficiency (total cost ratio).
With us, you will also learn the difference between costs and investment costs.
However, we also work with the same intensity on the investment, tax and behavioural efficiency of your financial plan.
Time.
Our fee-based counselling will guide you towards your goals.
For a happier, healthier and more prosperous life (quality of life).
More:
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Confidence.
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Inner peace (financial).
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Success | Feeling of having achieved something.
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Confidence.
We strive for your financial happiness.
Your fee-based financial planning advisor.
Carsten R. Streb | EMBA.
Realisation of your fee-based consulting.
Financial, themed plan or project.
Our financial planning approach, along with our many years of theoretical and practical experience, enables us to provide comprehensive advice to our clients in the areas of investments, insurance, credit, and real estate.
Carsten R. Streb e. K. has the relevant permits (licenses):
Investment
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Fee-based financial investment advisor § 34 h paragraph 1, page 1 numbers 1 – 3 (GewO)
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This means that the implementation and mediation of your investments, as well as the consulting, are conducted on a fee basis. Carsten R. Streb e. K. does not receive any other compensation for this.
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Insurance and Credit
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Insurance broker § 34 d paragraph 1 (GewO)
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Real estate loan mediator § 34 i paragraph 1 sentence 1 (GewO)
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This means that Carsten R. Streb e. K., in addition to mediating insurance products for a fee or providing independent consulting on a fee basis (in individual cases), can accept commissions from third parties, such as product providers (insurance companies, banks, etc.), as agreed with the client, acting as a traditional broker.
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Regardless of the compensation, our clients' sole interests are decisive for our advice and recommendations.
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For clarity, we currently do not provide services as an insurance advisor § 34 paragraph 2 (GewO) and/or real estate loan advisor § 34 (GewO).
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If you have any questions, feel free to reach out.
We are financial planners and advise you at every stage of your life. Let's clarify things together:
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Where do you stand?
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What do you really value (profiling)?
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Where do you want to go (your personal goals, i.e. wishes and needs and their prioritisation)?
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How will you get there?
Our fee-based financial planning (fee-based advice) follows a clear process:
FeeBasedCounselling. | ConsultingProcess.
1. getting to know each other.
We start with a personal or digital meeting
This only costs you and me our time.
The aim of our meeting is to get to know each other personally and to establish your goals, expectations and clarify your individual questions about a possible collaboration.
4. your financial plan
During your financial planning, we provide you with
basic knowledge so that you can follow your steps step by step and make informed and clear decisions about your finances.
Naturally, we are happy to work hand in hand with your legal or tax advisors during this process.
For this purpose, we use high-quality financial planning software and, thanks to our consistent further training, the latest scientific findings in financial planning and financial science.
2. definition | Mandating
Your individual goals, expectations and questions form the basis for our possible future collaboration (holistic or project-orientated).
We also work together to agree which fee model is best for you and your goals and expectations.
We then set the framework for our collaboration, i.e. the mandate with the service you require (clarification of the mandate) - set out in writing:
Your individual service agreement.
5. realisation
Optional - i.e. if you wish, we can also implement your financial, thematic or project plan with and for you after the conception (realisation).
If you do not wish us to implement it together, your FinancialPlan ends after the presentation of your FinancialPlan / ProjectPlan and you have the necessary information for everything else.
3. start | financial planning
Your financial planning begins with data collection.
We can offer you a digital - shared client folder - for this purpose.
Once we have your data in full, we can start analysing it (including client profiling).
After this analysis (ACTUAL), we design your individual financial or project plan (TARGET).
Of course, we don't just constantly respond to your questions - we can only develop your best possible and efficient financial or project plan together with you.
We then present you with your financial plan (possibly including one or two scenarios) and the resulting concrete recommendations | solutions.
6. accompaniment
Optional - i.e. if you wish, we will of course be happy to support you individually, holistically (FinancialPlan) but also project-orientated (ProjectPlan).
With us, you have a personal consultant who accompanies you constantly and offers you regular: follow-ups (control) and continuously updates your FinancialPlan and your solutions (i.e. also the review and evaluation of solutions incl. reporting).
We also offer our clients the CRS Cloud and app free of charge so that you can keep track of your finances and use it to get everything up and running for you via digital eSignature, among other things.
We also offer financial secretarial services for some of our clients.
Fee models.
Fee-based counselling in Frankfurt am Main.
We stand for individuality and clarity. You can also expect this from our fee models.
However, we are in Germany, and therefore a "certain" complexity is involved.
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We would like to clarify this for you
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"What costs nothing is worth nothing" | Albert Einstein.
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We advise you solely based on your interests; for this reason, our financial, thematic, and project planning is fee consulting. You compensate me on a fee basis as your accredited and certified (soon to be) financial planner (Financial Standard Planning Board e. V.).
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Ultimately, you are investing in your finances and in yourself, as well as in achieving your financial goals!
As fee-based financial planners, we aim to provide you with a foundation for informed and efficient financial decisions, so that you can achieve your goals in the best possible way.
Based on your personal questions (financial, thematic, or project plan), we will find the fee model that suits you from the following options:
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Fee Models
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Our service is as individual as you are. In addition to pure and fundamental financial consulting services (consultant level), we can also provide holistic advice if needed and implement the targeted solutions (product types) of your plan and their products with you.
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This means we can transition from the consulting service of financial planning to the product level and mediate products for you—if desired:
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Your Decision.
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We operate in the product level: investment with the permission (license) as a fee-based financial investment advisor, which allows us to work with you solely on a fee basis, i.e., as a fee consultant.
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For this reason, we offer you the following fee models at the consultant and product levels (only investments | no insurance level and no credit level), tailored to your needs:
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Hourly Basis*
*Our basic hourly rate for our fee consulting is currently €200 including VAT.
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Volume Basis (Percentage)*
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or
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Based on consulting and service flat rates (absolute)
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However, in the product levels of insurance and credit, we only offer mediation as a traditional broker—not as an insurance advisor or real estate loan advisor.
This means we also mediate in the area of insurance investments on a fee basis, but we are still not recognized as an insurance advisor in this area.
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This is due to the current regulatory status (legislators) and the market, but also due to the wishes of our long-standing clients.
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Therefore, until further notice, we only offer remuneration in the product levels of insurance and credit based on:
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CourtageBasis.
We are happy to clarify any arising questions and why collaborating with us in these areas is beneficial in a personal meeting.
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In our initial meeting, we will first align on the services you specifically desire. Once we have defined the service you want, we will find the appropriate fee model for you.
This means you decide which service is right for you and which fee model suits you best.
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You will then receive an offer or service agreement from us, in which we document the agreed service and the price (fee model) for our collaboration in writing.
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I look forward to our meeting.
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Your Fee Consultant. | Your Fee-Based Financial Planner.
Your Fee-Based Financial Investment Advisor.
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Carsten R. Streb
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*Tax deductibility:
Self-employed persons, freelancers and entrepreneurs can deduct our consultancy fees from their taxes as business expenses.
For non-self-employed persons, some consultancy fees may also be tax-deductible as income-related expenses.
This requires that your advice is connected with the realisation of taxable income, which may also be in the future.
If you have any questions, please contact your tax advisor.