Reported about 23 hours ago
As retirement approaches, many investors face the crucial decision of hiring a financial advisor, especially when costs vary significantly between flat-fee and asset-based fee models. A reader contemplates whether to opt for an $8,000 annual flat fee advisor versus a $35,000 fee-only advisor for a $4-5 million estate. This article explores the differences in service models, costs, and the importance of aligning an advisor's offerings with individual needs and financial goals.
Source: YAHOO