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Question 3 HOW MUCH WILL IT COST?Understanding how financial advisors are compensated is crucial. Avoid choosing based on the lowest price alone. You want an advisor with the best credentials, experience, team, and systems to serve you.I had one client who hired a Financial Advisor whose fees were lower than the average and who promised to invest their account in the best-performing stocks. When the next downturn hit, this client%u2019s portfolio took a much bigger hit than the market because her advisor hadn%u2019t taken the time to manage her account over the years, and her portfolio ended up being much riskier than she had assumed.Fiduciary, fee-only advisors are typically compensated in two ways:1. Assets under management %u2013 You pay a fee based on the money managed.2. Fixed fee %u2013 Project-based or a monthly/annual retainer.Remember, there%u2019s no one-size-fits-all. Your unique situation requires tailored advice. Ensure your advisor is responsive and knowledgeable about your industry.