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Hosts Jess Bost and Alex Chalekian delve into the complex topic of financial advisor fees. They discuss the different ways advisors charge fees, the overall fee structures commonly seen in the industry, and provide a guide to help clients figure out if they are being charged fairly. Jess and Alex highlight the importance of transparency, the necessity of asking the right questions, and the potential red flags to look out when choosing a financial advisor. They also clarify terms like fee-only, fee-based, and commission-based, and explain the fiduciary standard and its significance. Download the comprehensive guide for more insights and essential questions to ask when meeting with a financial advisor.
✨ FREE GUIDE: Educate Yourself on the 4 Types of Financial Advisor Fee Structures https://www.lakeave.com/understanding-financial-advisor-fees