We say these are our fees and you pay us, nobody else. So do the rest of us. If you think that will happen in your lifetime, you're living in fantasy land. Fee-only holds no moral superiority, and no competitive advantage over other advice distribution channels. Just like Nigel hoping about the legal regulation of planners in the federal or state level, hey I can dream too.
Somebody has to pay something, to someone, someday.
A Thomson Financial Company.