E40: What Does It Cost to Work With a Financial Advisor?
February 5, 2020
How do financial advisors get paid? Does it seem like a mystery to figure out how you will be charged? We explain all in this episode.
What Does It Cost to Work With a Financial Advisor?
- Many people are scared to talk to a financial advisor because of cost
- Lots of different pricing models in the marketplace
- Commission
- AUM
- Planning Fee + AUM
- Planning Fee + Retainer
- Retainer + AUM
- Retainer only
- Hourly
- No right or wrong
ntro/outtro music credit: eccentric - I Can Show You [Argofox Release] by Argofox