Is an $8k Flat Fee Better Than a $35k Advisory Fee on $4M to $5M?

Because they are paid more when your assets grow (and vice versa) and do not receive commissions for selling investment products, fee-only advisors are considered to have relatively strong alignment of interests with their clients. However, this may also incentivize advisors to manage portfolios either too aggressively or too conservatively, depending on whether they prioritize fee growth or stability.Fee-only advisors , on the other hand, charge a percentage fee based on assets under management (AUM). As a ...