Michal Kiser

Working with a financial advisor who earns a commission might be suitable if you make only occasional portfolio changes or need assistance only with specific investment products. Commission-based fees (typically 1% to 2% of the total transaction value) are generally more budget friendly than ongoing advisory services, as you’re charged only when you complete a transaction. Some financial advisors assess fees based on the total amount of your financial holdings and investments, known as assets un...