3 Different Types of Financial Advisors
The question that everyone wants to know the answer to, but not many are brave enough to ask...How do Financial Advisors get paid??
And as Don explains in this video, it depends on a few different factors how an Advisor gets paid, but you should always ask! After all, it's your money!
0:00 Introduction
0:21 Three Ways to get Paid
0:38 #1: Charging Commissions
1:18 #2: Fees on Managed Assets
1:52 Great for Managing YOUR Needs
2:30 #3: Planning Fee by Hourly Rate
2:57 Great for Working off Second Opinion
3:35 Know How Your Advisor Gets Paid
4:22 For More Information & Disclosure
Not sure how to pick a Financial Advisor? Watch this:
• Researching your financial advisor
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