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cover of episode Financial Advisors (Part 3): What Fees Do Financial Advisors Charge

Financial Advisors (Part 3): What Fees Do Financial Advisors Charge

2023/1/18
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Stay Wealthy Retirement Podcast

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The episode discusses four main fee structures used by financial advisors: commission-based, hourly or project-based, annual retainer or subscription fees, and percentage of investments being managed (AUM) fees. Each structure has its own pros and cons, and the suitability of each depends on the client's needs and goals.

Shownotes Transcript

Today I’m sharing the different ways financial advisors charge for their services.

In fact, there are FOUR main fee structures you might come across when interviewing advisors...

...and each one can be a disservice to someone.

In this episode, I'm covering three important things:

  • What are the four fee structures and their pros & cons
  • Who is (and isn't) a good fit for each service model
  • How much do financial advisors typically charge for their services

I'm also sharing how retirement savers might think about measuring the value of financial advice.

If you're ready for a deep dive into financial advisor fees, you're going to enjoy today's episode. 

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