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When looking for a financial advisor, you’ll encounter various compensation arrangements, including fee-only advisors and fee-based advisors. Fee-only advisors and fee-based advisors sound very ...
A business financial advisor is a hired professional who specializes in matters such as retirement planning for the self-employed, small business taxes and identifying cash flow issues.
Robo-advisors, which use an algorithm to build portfolios for clients based on their goals and risk tolerance, charge a lower AUM fee than human advisors. Robo-advisor fees typically range from 0. ...
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 ...
Rates vary by region of the country and an advisor's experience level and expertise. Some advisors charge a retainer fee schedule that is paid quarterly or annually. Other advisors charge based upon a percentage of the client's assets under management, such as a 1% fee on the assets per year. Regardless, the fee must be made clear to the client.
Still, as you research advisors to help you plan your financial future, you should understand … Continue reading ->The post Financial Advisor Fees: Fee-Only vs. Fee-Based appeared first on ...
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