Byron L. Studdard, CFP using investment charts on a tablet to illustrates how a fee-only fiduciary advisor compares income investments, such as preferred stocks, corporate bonds, and preferred stock ETFs, based on current yield, yield-to-call, interest-rate risk, and tax treatment. Studdard Financial, LLC is a fee-only registered investment adviser with offices in Sarasota, Florida and Germantown, Tennessee, serving clients nationwide.