9 reasons it's time for a new financial plan
You dont know how your financial adviser is paid
How do you pay your financial adviser? If you dont know how he or she is paid, or how much youre paying, its time to find out. In todays world, advisers can charge you a number of ways to help with your financial planning and investment needs.
Commissions, fees, retainers, and servicing fees from financial institutions are some of the more popular approaches. Next time you visit your adviser, ask! After all, its your money and you should know what youre buying.