Fee-based advisors typically charge the fee for more than just asset management.
It should also include developing and monitoring a financial plan. Selecting and monitoring investments is only one piece of that plan. And there are a number of different fee models. Some are flat fee, some are hourly, some are asset-based.
This message has been modified
Originally posted on Jan 23, 2017 at 10:15:52pm
Message modified by wcj99 on Jan 23, 2017 at 10:16:55pm