Are Financial Advisors Worth It?

Are Financial Advisors Worth It?

"When you have an attorney giving you advice, it would be nice to know what their financial relationship is to the advice."
-- Lowell Bergman 

The point in the preceding quote applies not only to lawyers dispensing advice but also to financial professionals. Some financial advisors collect commissions from steering you into various investments, which presents a conflict of interest. That's why "fee-only" advisors can be preferable.

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Source: Fool.com