I'm considering hiring a financial advisor to help me with my investments and financial planning. However, I'm not sure what an appropriate fee for their services would be. Can someone advise me on this?
6 answers
Bianca
Wed Oct 30 2024
For annual fees, you can typically expect to pay between 0.5% and 2% of your total assets under management.
GinsengBoostPower
Wed Oct 30 2024
The cost of managing your financial assets can vary depending on the service provider and the type of service you require.
DongdaemunTrendsetterStyleIcon
Tue Oct 29 2024
Another option is to pay a flat fee for a comprehensive financial plan.
Margherita
Tue Oct 29 2024
This percentage-based fee structure ensures that you are charged a fair amount relative to the size of your investment portfolio.
Nicola
Tue Oct 29 2024
Alternatively, some financial advisors may charge an hourly rate for their services.