Should financial advisors be restricted to a fee charging a of ets managed?

There benefits to approaches. A fee financial advisor yes exist be to sales commissions advising on et allocation

Responses:

There are benefits to both approaches. A fee only financial advisor yes they exist will be less likely to consider sales commissions when advising you on your et allocation. On the other hand, a financial advisor that is paid a percent of ets managed has strong incentive to make your ets grow so he gets fatter residual checks
Let me correct what was answered before, The financial planner does not implement and make your ets grow. Their job is only to plan and not implement. The best thing should be a fee so that they pay attention to all customers and not those have deep pockets. Another thing, if you do not like what plan is offered, you can always deny service! So if you want equal time as big clients get. fixed fee is the way
No, but hell no!. Keep the government and their restrictions out of the free market. If I want a financial advisor, I am at liberty to chose the one I think best for me. I do not need the government regulating the fees. I will decide

Tags: restrictions, checks, commissions, advisor, government

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