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Advisor

Al Faber

Collaborative, do-it-with-you hourly or flat-fee planning for people who want to stay in control, with no product sales or ongoing fees.

DIWY Financial Planning · Los Angeles, California

Al Faber is a fee-only financial advisor at DIWY Financial Planning in Los Angeles, California, who holds the CFP, ChFC and CLU credentials. Al charges a one-time planning fee and hourly fees (no asset minimum) and focuses on estate & legacy planning, real estate investors and cross-border (US / Canada).

One-time planning feeHourly Fee-only Fiduciary CFPChFCCLUMBA

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Specialties

Who they serve

  • High earners
  • Tech employees
  • Early-career professionals
  • Pre-retirees
  • Mid-life transitions

About

Al Faber founded DIWY Financial Planning in 2025, an advice-only RIA offering hourly and flat-fee planning. After more than two decades at firms including JPMorgan Chase, Morgan Stanley, Bloomberg and HSBC, he built a do-it-with-you approach centered on collaboration, education and transparency, without product sales, asset minimums or ongoing fees.

A first-generation American, Al was born in Brooklyn to parents who immigrated from Central America and the Caribbean. He moved to California in 1999 with his wife and two children and now splits his time among California, Florida, Nevada and New York. He holds a BS in electrical engineering from Syracuse University and an MBA in finance from Long Island University, and he enjoys astronomy, cycling, mentoring, paragliding and sailing.

Facts

FirmDIWY Financial Planning
Based in Los Angeles, California
Fee modelOne-time planning fee · Hourly
Fees (firm's website)No asset minimum
Fees (Advice-Only Network profile)One-time plans from $400 · From $400 an hour
Works virtuallyYes
Accepting new clientsYes
CredentialsCFP · ChFC · CLU · MBA
SEC registration Investment adviser representative in CA, NY, OR, TX · CRD 1464114
Exams passedSeries 63 (2002) · Series 65 (2003)
Firm size1 employee
Disclosures None reported
Websitediwyfp.com

How Al's firm compares

  • A one-time plan starts at $400, below the California median of $2,500 for fee-only firms that publish prices.
  • The hourly rate is $400, above the California median of $300 for fee-only firms that publish prices.

What fee-only advisors charge in California

Request an introduction to Al

Tell Al a little about what you're looking for. Al isn't on Wellspent yet, so we'll let them know you're looking for help and pass your message on when they join. No cost, no obligation.

Questions about Al

Is Al Faber a fee-only financial advisor?

Yes. Al Faber is listed in the NAPFA directory (NAPFA admits only fee-only advisors), the XY Planning Network directory (XYPN members are fee-only) and the Advice-Only Network (advice-only practices, no product sales). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by Al's firm.

How does Al charge for financial advice?

Al charges a one-time planning fee and hourly fees.

How much does Al charge?

According to DIWY Financial Planning's website, checked October 28, 2026: no asset minimum.

Does Al work with clients virtually?

Yes. DIWY Financial Planning says on its website that it works with clients remotely.

Where is Al Faber based?

Al Faber is based in Los Angeles, California.

What does Al specialize in?

Al's specialties include estate & legacy planning, real estate investors, cross-border (US / Canada), crypto & digital assets, retirement planning and tax planning. Al works with high earners, tech employees, early-career professionals, pre-retirees and mid-life transitions.

What credentials does Al Faber hold?

Al Faber holds the CFP, ChFC, CLU and MBA credentials.

Is Al Faber registered with the SEC?

Yes. Al Faber is registered as an investment adviser representative in CA, NY, OR and TX (CRD 1464114), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.

How do I contact Al Faber?

Through Al's website, diwyfp.com.

What these terms mean: fee-only · fiduciary · CFP · CRD number · all terms

Where this information comes from

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