As with all Epee topics, a financial advisor’s fee structure is something that schools do not teach. This topic is additional important because many parents do not know anything about it either.
A financial advisor’s fee structure isn’t just about hidden fees. They can motivate a financial advisor to manipulate you into buying or selling stocks and mutual funds, or financial products like annuities and trust funds, that are in THEIR interest but not yours. You won’t know you’re being manipulated if you don’t know what questions to ask, so Nicholas Bucci created this short clip with three critical questions.
Before agreeing to work with ANY financial advisor, make sure you like their answers. While nothing can guarantee good financial advice, at least you can be confident that they are working in YOUR best interest.
A financial advisor's fee structure can be used to manipulate you into buying or selling stocks or mutual funds that are in THEIR interest but not yours. You won't know you're being manipulated if you don't know what questions to ask. Nicholas Bucci provides three critical questions to ask a new Financial Advisor about their fee structure before agreeing to work with them. While nothing can guarantee good financial advice, you'll know they are working in YOUR best interest.