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A fee-only financial planner is someone who earns a fee for their services from their clients and does not receive commissions on the sale of financial products as additional compensation. The fee ...
Fee-only advisors don’t earn commissions based on the types of products they sell, so they’re less likely to have conflicts of interest. Other financial advisor costs to consider.
Fee-only financial planners: These advisors charge a flat fee or hourly rate, eliminating potential conflicts of interest from earning commissions on specific products. Look for a certified ...
My advisor charges a 2% fee for financial advice. He does not provide tax advice. My portfolio is currently worth around $850,000. Does this fee sound appropriate? – Tim Without knowing the full ...
Financial professionals can be paid in a few different ways: fee-only, commission-based or a mix of both. A fee-only financial advisor means you pay someone for services rendered and they aren’t ...
If a financial planner or financial advisor is fee-only, that means they receive compensation solely from the fees clients pay from their services. They do not earn commissions or kickbacks for ...
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comparisonadviser.com has been visited by 10K+ users in the past month