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Is it generally better to have a fee only financial advisor, or a comission based advisor?
I prefer to have a fee only financial advisor. The problem you can get into with a comission based advisor is that they may "churn" your account more than necessary to make money.
Which financial advisor in Los Angeles charges only a fee for their services?
Contact the Financial Planning Association of Los Angeles to inquire about financial advisors who only work fee for service. Their web address is fpala.org. They also have the option on the web page to have the advisor call you. There are several financial advisors in the Los Angeles area. You can normally get a free consultation taht will allow you to discuss the fees.
Where can I find a fee only financial advisor in Omaha, NE?
6704 Dodge Street, Omaha - +1 402-614-2023 this address will helps you to find the financial advisor in OmahaYou can use ClaroConnect - Find a Financial Advisor - A free, unbiased search tool to find an advisor in your area.
What percent does a financial advisor charge to take care of your financial needs?
Financial advisor fees can vary, but they usually charge a percentage of the assets they manage on your behalf. This fee typically ranges from 0.5% to 2% of your total assets annually. Some advisors may also charge a flat fee or an hourly rate for their services.
Can you become a financial adviser with an Associate Degree in Bookkeeping?
In Canada, you can be a financial advisor if you have a life insurance license. In the US, a financial advisor must pass an exam and register with the state before they can work as an advisor. A financial advisor can have a CFA, CLU, CFP license, to name a few.
Financial Advisor In California?
Financial Advisor In California
What are typical financial advisor fees?
Financial Advisor fees usually occur per transaction or a flat fee to handle so much business. Typical fees are 10 percent of each transaction or flat fees of a couple thousand dollars.
Where can I find a fee only financial advisor near Oak Ridge?
There are several financial advisors in Oak Ridge, TN that would be happy to charge a fee for their advice. Some of these places are Ameriprise Financial Advisors, Raymond James Financial Services, UBS Financial Services, Hobson Yoder Financial Planning, and Retirement Planning Services.
How do you say financial advisor in German?
The German word for financial advisor is Finanzberater
How much of a commission does a financial advisor make?
Financial advisor commission can be done two ways: per trade and/or by the amount they make you. For the latter, some advisors can charge up to 10% of your returns. There are advisors not paid by commission but rather a flat fee, though.
How can I effectively vet a financial advisor?
To effectively vet a financial advisor, you should research their qualifications, experience, and track record. Look for certifications like CFP or CFA, check their disciplinary history, and ask for references. Additionally, consider their fee structure and how they communicate with clients.
How much does a assistant financial associate make?
It depends on how big of a financial advisor you work for and whether or not you are Series 7 licensed. I work for an advisor who makes 7 figures before taxes and I am not Series 7 licensed but I make about 40k salary.
