If you haven’t hired a financial advisor yet, you may be wondering what it would cost you. There are different ways advisors charge their clients, but there can also be a cost to your portfolio by not hiring an advisor.
In this episode we will be breaking down the different methods of payment to an advisor, what we feel works the best, and other costs to look out for. By the end of this podcast, you should have an idea of the ways an advisor can serve you, so you are making the most of your investments.
Check out what you’ll learn in this episode:
- What is the cost of doing business? (1:06)
- The pros and cons of the different ways to pay an advisor. (3:36)
- The unexpected cost you might encounter in the financial world. (5:51)
- How you can get a better understanding of the costs associated with your current collection of financial products. (8:28)