Alessandra
Fri Sep 06 2024
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6 answers
1385
Do financial advisors charge a fee for CDs?
Could you please clarify if financial advisors typically levy a fee for managing or advising on Certificates of Deposit (CDs)? It's essential to understand the full cost structure when considering investments, and CDs are often seen as a relatively low-risk option. Do these professionals charge a percentage of the CD's value, a flat fee, or is the service sometimes included as part of a broader financial planning package? Your insights would be invaluable in making an informed decision.
