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The financial industry is full of jargon, hidden compensation arrangements, and a bunch of fine print.
Let’s dive into the jargon and help make sense of different terms. Since there isn’t an agreed-upon definition of what a financial advisor does, let’s talk about why it might be helpful to hire a fee-only financial advisor – not a fee-based or commission-based financial advisor.
I talk about four reasons you may want to consider a fee-only financial advisor.