Amir and I met once per month until he revoked his availability to quarterly only. As soon as it was clear that I would not be scaling up to his asset management services, Amir complained about "losing money" working with me because he felt he was using too many hours servicing me - !
Having worked with CFPs in the past and unexpectedly laid-off a year from my planned retirement, I was thrilled to find Amir. I chose him for his clear and broad skill set, his engaging pitch, and technologic adeptness; and I have not been disappointed in any of these. I deeply needed expert help to understand if it was safe to stop working, how to plan for retirement withdrawals, and to model investment what-ifs going forward that included whether or not to purchase a second property.
Unfortunately, Amir's "Unlimited Hours of Financial Planning," as it turns out in the fine print, have explicit hour limits that are determined by Amir. During onboarding I provided a detailed view of my financial status and existing plan, which happened to have been created and delivered on the same software platform that Amir uses. so there was minimal startup burden and an instant shared language.
I was conscious of constantly being "sold to" (long-term care insurance planning, his tax planning, etc.) but overlooked it. The first true concern was that Amir was surprised that I wanted a written financial plan. Other than that all I would have is a bunch of emails summarizing what we had discussed in our calls. The real problem is that he refused to provide a second version without a 2nd property purchase, stating "If you never got the 2nd home and had a more aggressive asset allocation and only traveled on "good" market return years, the 2 scenarios would be pretty similar."
So, NOT unlimited hours, hours as determined by Amir as provider. This is not what I consider to be in my best fiduciary interest at all.