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How much do financial advisors charge?

Most financial advisors charge between 0.25% and 1% of your account balance, though some charge a flat fee. Robo-advisors charge the lowest fees, followed by online financial advisors and traditional financial planners.

What fee structures do financial advisors use to charge clients?

Here’s a breakdown of the different fee structures financial advisors use to charge clients. One of the most common fee structures used by financial advisors is assets under management, or AUM. It’s a percentage of all the money they manage for you, aka your total assets. You can expect to pay an AUM fee of 0.25 percent to 1 percent.

How do financial advisors charge clients?

Another common way financial advisors charge clients is based on a percentage of the assets they manage for you. These percentages average around 1% per year (or 0.25% to 0.5% for robo-advisors). Individuals with a large amount of assets will benefit more from being charged lower percentage rates than those with smaller portfolios.

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