The cost of a financial advisor depends on their fee structure and the complexity of your situation. Understanding the ...

“Financial advisor" covers a wide range of services, ranging from simple counsel and budgeting to tax preparation, long-term planning and portfolio management. What you pay, and how much, will ...

For example, say that you give your financial advisor $100,000 to manage and they charge a 1% fee. They would charge $1,000 for their services ($100,000 * 0.01) if they had a 1% AUM fee. Story ...

So, if an adviser charges a 1% AUM fee and manages investments that total $500,000 for a client, the client would pay the adviser $5,000 per year for the planning and portfolio management.

Determine how much you can afford to pay an advisor. Financial services can be costly and vary based on the advisor and firm. The three common ways advisors are paid are commissions, ...

Some financial advisors even implement subscription-based services, which require you to pay a monthly fee as low as $50, but you may not be given as much one-on-one time with an advisor. How To ...

The role of a financial advisor has been changing for some time. More and more, clients are coming to see advisors as people who cater not only to their financial needs but also to their human ones.

As you choose a financial advisor, pay attention to the pay structure and your budget. Look for someone who fits your budget and is paid by you in some fashion—not through product commissions.

Now I’m not a financial planner or tax professional, so these are only my opinions, but the Redditor’s reluctance to pay $50,000 certainly reflects a prudent mindset surrounding her money.

"Financial advisor" covers a wide range of services, ranging from simple counsel and budgeting to tax preparation, long-term planning and portfolio management. What you pay, and how much, will ...