4 CIVIL AND MUNICIPAL VOLUME 3, ISSUE 7 Photography by Gary Yonkers The Story of Zhang Financial Charles Zhang started Zhang Financial, a fee-only wealth management firm, over 30 years ago with the goal of upholding an advisor’s fiduciary standard to the highest level. The mission of Zhang Financial is to provide each of our clients with truly unbiased investment advice, excellent service, and access to exceptional, low-cost products while serving our client’s best interests at all times. Why are we Fee-only? To be free of conflicts of interest. When you work for a firm that is not fee-only, you run the inherent risk that your advisor may be incentivized to choose your investment strategy not based upon your best interest, but rather what will make the most revenue for them and their firm. Many advisory companies pay advisors more in bonuses and kickbacks to offer higher cost investment products to their clients. These costs and fees are often hidden from the investor and are a significant drag on returns and long-term performance. The only way to be completely unbiased is to be fee-only and choose investments solely based on their potential for returns.