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Depending on the size of your investment, financial advisors typically charged in 2021 a fixed-rate fee between $7,500 and $55,000, or roughly 1% of assets under management for ongoing portfolio ...
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 ...
Fee-based financial planners are paid a fee for their services by their clients, but may also receive additional compensation tied to the sale of certain financial products, such as mutual funds ...
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 ...
According to a 2021 study by Advisory HQ, the average financial advisor fee is 1.02% for $1 million in assets under management (AUM) as an annual fee. Advisors and firms all have their own fee ...
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