The Financial Advice Industry

How Financial Advisors Get Paid

Anyone about to begin their search for a financial advisor will quickly find that there are many, many choices out there! In fact, there are over 93,000 CFP Professionals alone and far more than that without the CFP credentials. The goal of this article is to explain, and help you understand, how financial advisors get paid. Show me the incentive and I will show you the outcome. - Charlie MungerCharlie Munger It is important to note that fees should not be your only criteria for choosing an advisor. There are no doubt good advisors providing excellent advice and service under…
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