Secret Edge Financial Advisor Fiduciary Fee Only Revealed
Cost Structure and Transparency
Fee-only advisors generally charge clients based on an hourly rate, a flat fee, or a percentage of assets under management (AUM). This structure can vary, with hourly rates ranging from $150 to $400, and AUM fees generally between 0.5% and 1.5%1. This transparent pricing model allows you to budget and plan for advisory services effectively.
Real-World Applications and Success Stories
Many investors have found success and satisfaction by switching to a fiduciary fee-only advisor. For instance, a 2022 survey revealed that 80% of clients felt more confident in their financial plans after engaging with a fee-only advisor2. This model has gained popularity among individuals seeking a clear and honest advisory relationship, especially those who have experienced the pitfalls of commission-based advice.