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Kiplinger

Business

David Bromelkamp

YOU WONT BELIEVE: Fee only financial advice do you really know what it means - You Need To See This

Commission Financial Advisor

(Image credit: Getty Images)

When investors look for a financial advisor, one of the most common terms they encounter is fee-only. The phrase sounds straightforward, but it is often misunderstood.

Fee-only is not a description of advice quality or an advisor's intentions. It is a method of financial advisor compensation, and financial advisor compensation plays an important role in shaping financial advice.

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