Sentences with phrase «based advisors»

Commission - based advisors are just that — paid on commission.

I agree with most of everyone's statements, and I am one of those commission based and fee based advisors.

LPL Financial is the new competitor on the block for RIA and hybrid Fee - Based advisors.

Our fee based advisors are Fiduciaries who keep your best interest in mind at all times.

I understand this viewpoint — but in reality, many commission - based advisors try to move their clients into new products every few years, thus generating more commissions, and in many cases costing more than a fee - only advisor who charges a percentage of assets.

Fee - only financial planner Rona Birenbaum says that's because asset - based advisors charge 1 % or more of your portfolio each and every year whereas an annuity merely pays an advisor a one - time commission up front of 1.5 % or 2 %, and that's it.

Similarly, some asset - based advisors may not love the recommendation to draw down on RRSPs or RRIFs early (in your 60s) in order to maximize CPP benefits by waiting to collect them at age 70.

A variable annuity is tied to the performance of some investment choices.Commission - based advisors with insurance licenses sell you whatever form of annuity would have performed well over the past decade.

When your portfolio reaches high 6 figures or 7 figures (which let's face it is generally the minimum for most % based advisors), that begins to be some serious money you're paying them.

Commission - based advisors, in particular, may profit off churning your investments or pushing you toward certain products or services that may not align with your financial goals, such as funneling your money into expensive mutual funds when a low - cost ETF could offer the same benefits.

Fee - based financial advisors are somewhat like fee - only advisors, but fee - based advisors do, in fact, receive commissions from product sales in addition to flat advisory fees.

Fee - based advisors are cheaper because they do not actively manage my account, unlike mutual fund account managers.

And, for fee - based advisors, this equates to lower growth for their assets under management, the base from which their fee revenues are calculated.

In other words, for all the investors in Canada who use commission - based advisors — and that is the vast majority — it will be business as usual.

One of the indirect benefits may turn out to be the most significant: it should encourage more commission - based advisors to move to a transparent fee - based model.

That sidesteps the real issue: the reason that Canadian fund investors look to the US with envy is not because their commission - based advisors are better than ours.

Instead, we'll probably see Vanguard drawing money away from the other index products already used by fee - based advisors, including iShares, BMO and Claymore ETFs, mutual funds from Invesco Trimark's PowerShares and Pro-Financial, and to a lesser extent Dimensional Funds.

The biggest hurdle for investors in Canada is that low - cost mutual funds and ETFs are being ignored by the commission - based advisors who dominate the industry.

While the details aren't clear, Vanguard has announced that it will make its first foray into Canada by offering products through fee - based advisors only.

Commission - based advisors, on the other hand, should tell you how they will be paid based on the funds they're investing your money in.

Fee - based advisors should be able to estimate costs based on the time they will spend or the size of your portfolio.

With the controversy over the site and substance of his proposed Islamic center now spanning the globe, the imam is relying on an informal cabinet of faith - based advisors, many of them Christian and Jewish, for crisis management advice and moral support during the most difficult public crisis of his life.

Fee - based advisors do not have a duty to disclose their method of compensation, which can create a conflict of interest between what is best for you and what is best for the advisor.

I think mutual funds with load are in its way to extinction, but there are many of them still out there and there are many astute commission - based advisors who will present persuasive arguments for you to buy them.

Do not confuse fee - only and fee - based advisors.

Fee - based advisors hold licenses that allow them to sell investments or insurance products for commissions.

Commission - based advisors earn their money by selling stocks, bonds, mutual funds, life insurance, annuities and other investments.

Nationwide is offering fee - based advisors a hub to manage annuities the company sells.

Many advisors have been seeking to add 401 (k) business in part to provide a stable income stream that they didn't have during the financial crisis, but also because reforms in Washington, D.C., provide increased opportunities to fee - only and fee - based advisors.

Garrett started her career as a commission - based advisor in 1987 but quickly realized she wasn't comfortable with the model.

Keep in mind that not every fee - based advisor is a fiduciary.

Advisory fees are evolving and trending away from the traditional fee - based advisor payment model — and that trend is a big deal to both advisors and clients.

He makes a good point that the dreaded «commission» based advisor can be the cheapest option for a lot of people with smaller portfolios.

I also offer a very long list of reasons you should not work with a commission based advisor.

If a fee - based advisor builds you an ETF portfolio that costs 0.5 % but then adds another 1 % annually for her own fees, is that fundamentally better than using active funds that charge 1.5 %?

This is much easier for a fee - based advisor to do because they don't have to generate commissions to earn their keep.

A fee - based advisor / dealer makes 1 % to 1.5 %, and yet the all - in - cost working with a fee - based advisor is often less expensive than the mutual fund advisor.

Assuming you invest the same $ 1200 annually with a fee - based advisor, you will only pay about $ 16 in fees before any asset appreciation is included.

We suggest a fee - only advisor as opposed to a commissions - based advisor in order to ensure that they're unbiased in their advice.

Get a fee - based advisor and at least get a tax write - off.

It was not suggesting that everyone use a fee - based advisor at all.

The second way is to get expert help (either a managed account or a fee - based advisor), and the third way is the obvious mutual fund option.

A fee - based advisor may use higher - fee investments inside the fee - based account as they have no obligation to try to find the options that are in your best interest.

Look for a fee - based advisor who makes money only by helping you.

Is she a fee - only advisor that legally must put her client's interests first, or a commission - based advisor that may at times have a conflict of interest between what will pay her the most and what will be best for Michael?

If you're a Fee - Based advisor, and can't get a fund in the Fee - Based list, then first try this: Fee - Based picks come from either the load or no - load list.

The bottom - line for a mutual fund investor is if you're going to compensate a commission - based advisor, you want to do it with the smallest amount and get it over with ASAP.

«This is a stunning woven sculpture by a California fiber artist who no one paid attention to for so long,» says Wendy Cromwell, a New York - based advisor and president of the Association of Professional Art Advisors.

And last year, the tony bistro Bullion opened in 400 Record, a downtown building stuffed with art from the collection of Thomas Hartland - Mackie, the building's developer, with the selection of works curated by the New York - based advisor Benjamin Godsill.

We suggest a fee - only advisor as opposed to a commissions - based advisor in order to ensure that they're unbiased in their advice.