In this episode of The About Podcast, Jeremy Scott and Roy Hucke break down the different ways financial professionals are compensated, and why understanding your fees is essential when evaluating the value you receive.
From commissions and fee-based services to fee-only financial planning, Roy explains how each model works, what may be included and which questions you should ask your financial advisor. They also discuss fiduciary responsibility, investment expenses, basis points and the importance of knowing exactly what services you receive for the money you pay.
In this episode:
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This content is intended for educational purposes only and should not be considered individualized financial, investment, tax or legal advice.
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