What Are You Getting for the Fee You Are Paying in Retirement?

In this Episode of the Secure Your Retirement Podcast, Radon and Murs discuss what you should get for the fee you’re paying a financial advisor. When looking for a financial advisor, it’s important to ask yourself what you’re getting versus their fee.Listen in to learn about the three major types of financial advisors and what each offers you. You will also learn about categories of our Wealth Integrated Management System: specialized investment strategy, a retirement-focused financial plan, tax strategy, estate planning, and other ever-evolving elements to cater to our clients' needs.In this episode, find out:Understand that there’s no better fee than another; it’s all about what you want from a relationship.The hourly rate advisor – offers a transactional type of relationship where you get to implement their recommendations.An asset under management advisor – they charge you a percentage of the assets they’re managing for you.Commission-based advisor in funds in the stock market and outside the stock market.Understand that with asset management, the lower the fee, the further it will be hands-off.The Wealth Integrated Management System – the four major categories and other ever-evolving elements.Tweetable Quotes:“What we’re not saying is, this fee is better than that fee because it all comes down to what you want out of the relationship.”- Radon Stancil“There are a few different types of advisors out there, and it’s up to you to do some research and vetting and understand what it is that you’re truly looking for.”- Murs Tariq“This wealth integrated management system is continuously evolving to take care of needs that are presented to us.”- Murs TariqResources:If you are in or nearing retirement and you want to gain clarity on what questions you should be asking, learn what the biggest retirement myths are, and identify what you can do to achieve peace of mind for your retirement, get started today by requesting our complimentary video course, Four Steps to Secure Your Retirement!To access the course, simply visit POMWealth.net/podcast.