http://wheredoesallmymoneygo.com/a-financial-advisor-comments-on-the-genesis-of-dsc-funds/ A personal finance blog written by Preet Banerjee Sat, 11 Feb 2012 16:22:10 +0000 hourly 1 http://wordpress.org/?v=3.1.2 http://wheredoesallmymoneygo.com/a-financial-advisor-comments-on-the-genesis-of-dsc-funds/#comment-3847 financial advisor Wed, 19 Aug 2009 04:15:27 +0000 http://www.wheredoesallmymoneygo.com/?p=1202#comment-3847 The entire industry may be re-regulated and fees broken out differently. Unfortunately, there isn't one "best way" to pay your financial advisor. If you want a simple plan, you might be best off with an hourly or fee for plan set-up. With a buy and hold portfolio, you might be best with a commission plan(which is what the discount online firms are also). If you want continuing advice, you might want a fee-based account, but the advisor has incentive to prevent assets from ever leaving the account. The fact is, the individual should have the right to choose their account fees, however, those fees should be broken out and clear to all. The entire industry may be re-regulated and fees broken out differently. Unfortunately, there isn’t one “best way” to pay your financial advisor. If you want a simple plan, you might be best off with an hourly or fee for plan set-up. With a buy and hold portfolio, you might be best with a commission plan(which is what the discount online firms are also). If you want continuing advice, you might want a fee-based account, but the advisor has incentive to prevent assets from ever leaving the account. The fact is, the individual should have the right to choose their account fees, however, those fees should be broken out and clear to all.

]]> http://wheredoesallmymoneygo.com/a-financial-advisor-comments-on-the-genesis-of-dsc-funds/#comment-3846 A Financial Advisor Comments On The Genesis of DSC Funds | Trailer | Just another Trailer weblog Mon, 27 Jul 2009 02:20:10 +0000 http://www.wheredoesallmymoneygo.com/?p=1202#comment-3846 [...] Original post:  A Financial Advisor Comments On The Genesis of DSC Funds [...] [...] Original post:  A Financial Advisor Comments On The Genesis of DSC Funds [...]

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