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How are we compensated for investment and financial planning advice?

March 17, 2022advice Compensated Financial Planning Investment

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Posted Jogn Cartman edited answer March 17, 2022

How are we compensated for investment and financial planning advice?

3 Answers

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Jogn Cartman 10 Posted Jogn Cartman edited answer March 17, 2022

I have a financial advisor, and I pay him 1% a year of the money he manages. I hesitated for a long time to get a financial advisor believing that I would do well, reading and watching all kinds of videos. Unfortunately, I was wrong most of the time, and I lost a lot more money than I expected. But I made the decision, and for a year now, I have had a financial advisor from https://www.humaninvesting.com/financial-planning, with whom I set up a concrete action plan so that I can retire much earlier.

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Emeli Carrolls Posted

This is usually a commission or a fixed fee for consulting. You need to understand more about the activities of many companies, and the methods of their CEOs like Paul Saunders https://paulsaundersjrcc.wordpress.com/ to understand more

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Posted

Poulos Advisors, Inc. is compensated by fees paid to us by our clients. The scope of the services range, but we generally receive a fee based on the percentage of assets under our management or by flat financial planning fees based on the complexity of the client situation.