Before you agree to work with a financial advisor, you need to understand exactly how they’re compensated. If you’re afraid you’ll seem rude by asking, don’t worry: Your advisor is required to ...
If you’re in the process of choosing a financial advisor, you may have seen the term “fee-only” and wondered what that means. As with many things in the financial world, the term makes perfect sense ...
What Is a Fee-Based Advisor? A fee-based advisor is a finance professional who is paid by the fees they charge their clients. While they are primarily compensated through client fees, they may also ...
Jean Folger has 15+ years of experience as a financial writer covering real estate, investing, active trading, the economy, and retirement planning. She is the co-founder of PowerZone Trading, a ...
The term “financial advisor” isn’t regulated, so it’s important to be careful about who you take advice from. While credentials can be a good starting point for choosing a financial advisor, it’s just ...
Explore how financial advisors and financial planners differ in scope, credentials and compensation so you can choose the right expert for your needs Staff Personal Finance Editor, Buy Side Valerie ...
Q: You always mention fee-only financial planners and I'm not sure about the true meaning. My husband and I have a financial planner who charges us $2,200 per year, but we got a summary of transaction ...
Most retirees have a good handle on their regular expenses. They can tell you down to the penny what they spend on travel or health care. Yet even the savviest retirees struggle to know exactly what ...
ARLINGTON HEIGHTS, IL. James Kinney, Certified Financial Planner™ and founder of Financial Pathways of Bridgewater NJ has been accepted for membership in the NATIONAL ASSOCIATION OF PERSONAL FINANCIAL ...
Over the years, I’ve noticed a growing trend in my mailbox: readers in search of financial planners or advisers -- or assistants. When taken in the message’s context, it’s pretty clear that not ...
Within the financial advisory industry, there's plenty of debate about whether the fee-only model is always best for clients. That's a separate question from adhering to the fiduciary ...