5 Mistakes to Avoid With a Financial Adviser
Not Negotiating a Discount
Some advisors charge a one-time fee, or an hourly rate, and others charge a percentage of your assets under management, or take commissions on the investments or insurance products offered. At times they refuse to detail their fees or tell you how they earn their money. Mostly negotiating is difficult with advisers who charge a flat fee per consulation and more with those who charge a percentage of assets under managment.
