Today we are continuing our conversation around working with a financial professional and what you need to know before you engage in their services.
We break down what good attorneys really charge and how they are able to charge; such as hourly, by the job, or on a percentage basis.
Financial Planners and/or their firms do not have a compensation model for this! Most Financial Planners are compensated in some way for asset gathering, selling products, and/or the total amount of revenue generated to their firms.
You need to understand how paying for services is vital to any relationship, and how to objectively evaluate what you are receiving for what you are paying.
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