Subject: File No. S7-08-18
From: Chris Remedios

August 7, 2018

Dear Chairman Clayton,
I am an hourly and project financial planner. I provide financial planning with no investment management. I spend 100% of my time on planning. I do provide investment advice that can be implemented by my clients.
I do not sell products. I only work to help clients make a plan that reflects their goals and values. I am a Certified Financial Planner® professional. I always conduct myself as a fiduciary. My client’s best interests always come first. I also get paid for my time and make a living doing the work.
The fees are transparent and clear. I offer estimates of clients' fees and expenses. There is no confusion. I minimize conflicts by only receiving compensation from client fees; I do not accept commissions or other third-party payments in connection with my recommendations.
My investment product recommendations are based on low cost, broad diversification and a goal of simplification for my clients.
I do not sell insurance or proprietary products or engage in principal trading.
I do not have conflicts of interest in my work but if I did have any material conflicts, they would be clearly listed on my ADV.
The public can be served under a fiduciary standard. I really don't understand why our clients best interests can not come first. With the dramatic loss of pensions, the public has been charged with managing their financial lives in an increasingly complicated financial landscape. Please don't make it more complicated.

Sincerely,
Chris

Fee-Only, Hourly and Project Planning

600 California Street
11th Floor
San Francisco CA 94108
RemediosFinancialPlanning.com