Fee-only advisors are paid directly by you (flat fee, hourly, or percentage of assets) and don't earn commissions on product sales. Commission-based advisors earn money from the products they sell. Fee-only advisors have fewer conflicts of interest, which is why many fiduciary advocates recommend the fee-only model.
This answer is provided for general informational purposes only and does not constitute financial advice. Every family’s situation is different. For personalized guidance, schedule a free consultation with our team.
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