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What's the Price of Financial Advice? Here's What You Can Expect

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84% Informative

Financial industry relies on four main billing models: - Assets Under Management (AUM) - Retainer Fees - Hourly Fees - Commission Fees - Commissions Fees.

Financial advisor services can include retirement planning, investment management, estate planning, tax planning and more.

Most financial advisors still use a mix of fee structures, billing clients differently for different services.

Financial advisors have four billing models: assets under management, hourly rates, retainers and commission.

For clients, it’s important to understand the fee structure for your financial advisor.

Decide on what you need, then look for an advisor who will charge you a fair price to deliver it.

SmartAsset AMP helps advisors connect with leads and offers marketing automation solutions so you can spend more time making conversions. Learn more about SmartAsset AMP. Photo credit: iStock.com/Dobrila Vignjevic The post I’m Thinking of Using a Financial Advisor . How Much Would It Cost? appeared first on SmartReads by SmartAsset ..