When looking for a financial advisor, you’ll encounter various compensation arrangements, including fee-only advisors and fee-based advisors. Fee-only advisors and fee-based advisors sound very ...

Compensation transparency and a lower chance of conflicts of interest are two pros of using a fee-only financial advisor.

If a financial advisor is considered “fee-based,” it means they can earn compensation through a combination of both client-paid fees and forms of compensation related to selling certain products.

The National Association of Personal Financial Advisors (NAPFA) was set up to help consumers find unbiased financial advice. Today, it's more needed than ever.

Harris Poll's Americans and Billionaires Survey, released last November, reflected a shift in financial priorities. The ...

Money expert Clark Howard puts a lot of emphasis on you taking control of your financial future by investing. When you’re younger, starting out by contributing to your company’s 401(k) or to a Roth ...

Before you agree to work with a financial advisor, you need to understand exactly how they’re compensated. If you’re afraid you’ll seem rude by asking, don’t worry: Your advisor is required to ...

For the first time in at least three years, the ranking of fee-only financial planning firms with the most financial advisors has a new No. 1. The list shows the extent that fee-only firms have been ...

The AUM model is a straight percentage fee charged annually on the total value of the assets the advisor manages for you. It is the usual model used by wealth management professionals. AUM fees ...

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On a recent episode of the Catching Up to FI podcast, financial planner Aubrey Williams made a point that should stop anyone shopping for an advisor in their tracks: the label most consumers think ...