Fee-based Advice

Fee-based financial advice is a type of financial planning in which the planner charges a fee for their services. This fee can be charged hourly, as a flat rate, or as a percentage of assets under management. This allows them to provide holistic advice in an unbiased manner. For many people, paying a fee for financial advice can be worth it if it results in achieving their financial goals.

Choosing a Financial Adviser: Free or Fee? Contributed by Jonathan Low, Manager, Wealth Management, Financial Alliance Pte Ltd (The contributor can be contacted at jonathanlow@fa.sg) According to the latest 2017 Legg Mason Global Investor Survey covering more