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Edward Jones financial advisors offer commission-based and fee-based financial products. [23] Offices are usually staffed by a financial advisor (licensed broker) and one branch office administrator. The branch office administrator acts as an assistant to the financial advisor, filling the roles of a secretary, manager, and co-worker.
Types of financial advisor fee structures. How much you’ll pay for a financial advisor depends on their fee structure. Some advisors charge a fee based on how much money they manage for you ...
Find out how financial advisor fees work and compare costs between traditional advisors, robo-advisors and hybrid models.
My advisor charges a 2% fee for financial advice. He does not provide tax advice. My portfolio is currently worth around $850,000. Does this fee sound appropriate? – Tim.
Distribution and service fees are fees paid by the fund out of fund assets to cover the costs of marketing and selling fund shares and sometimes to cover the costs of providing shareholder services. They are also called 12b-1 fees after section 12 of the Investment Company Act of 1940. "Distribution fees" include fees to compensate brokers and ...
Financial advisor fee types. Hourly: Fees are charged based on the number of hours an advisor works on your account. Hourly rates vary by advisor. Flat rate: ...
For a fee, the company/firm ... State Street Global Advisors: United States 4,340 5 Morgan Stanley: United States 3,629 6 ... Edward Jones Investments; Federated Hermes;
Fees vary from advisor to advisor. Here’s what you need to know to ensure you fully understand how much a financial advisor costs before hiring one.
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