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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 ...

As more financial advisors adopt different fees from the industry's traditional rate of 1% of assets, they're inventing new ways of confronting one of prospective clients' main concerns. "For ...

When it comes to advisor fees, there are two numbers to keep in mind: 1% and 0.02%. The first is the average fee that ...

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 ...

This story is the fifth in a series Financial Planning Chief Correspondent Tobias Salinger is writing on how to build a successful RIA. Here are the previous stories in the series: When should a ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. How Much Does a Fee-Only Financial Advisor Cost? Tue, 05/03/2022 - 15:18 Many people choose to work with fee-only financial ...

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 ...

If a financial planner or financial advisor is fee-only, that means they receive compensation solely from the fees clients pay from their services. They do not earn commissions or kickbacks for ...

Understand what fiduciary duty entails and why it matters when selecting the right expert to manage your money ...

Called "direct to fund," or DTF by advisors, the method is a simple way for advisers to sell mutual funds to clients. The new ...

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 standard, which ...