32 - Fees that financial advisors charge: How to know what your paying

Discover the ins and outs of financial advisor fees in this enlightening episode. We delve into hourly fees, flat fees, asset-based fees, and commissions, and discuss the potential conflicts of interest that each model might bring. We also provide crucial questions to ask your financial advisor to ensure transparency and alignment of interests. Tune in to gain a clear understanding of what you're paying for and how to evaluate the value of advisor fees. With this knowledge, you can make more informed decisions about your financial advisory relationships. Resources Kitces.com Questions to ask a financial advisor FINRA BrokerCheck How to find and work with a financial advisor Different Types of Financial Advisors XY Planning Network National Association of Personal Financial Advisors (NAPFA) Fee Only Network Financial Planning Association (FPA) Garrett Planning Network