2 Types of Financial Advisors, Which is Best for You and WON'T Overcharge?

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Uploaded by on Dec 11, 2009

http://www.northstarplanners.com
Need help finding the right financial advisor who acts in the best interest of the client? There are three types of financial advisors out there:
1) those that only charge a fee for their services (fee-only: have a fiduciary requirement),
2) those who earn a commission from the products they sell you (fee-based: only have a suitability standard), and
3) those who have a fee-based side to their commissioned business, which allows them to play both sides when its convenient for them...
NorthStar Financial Planners, Inc, fee-only financial planning firm in Plantation Florida: The Fine Art of Wealth Management.

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  • Bottom line is NO adviser should ever BROKER the deal! You walk in and get pure advice only. But then that raises a brand new issue. It has been shown time and time again that UNmanaged index funds outperform the average MANAGED fund! So why work with ANY adviser? Just buy ETF's.

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