What's the Difference between Commissions and Advisory Fees?

by St. John & Assoc on Nov 22, 2017

commission, advisor, advisory fees, fees, fee only, financial advisor, financial advisor firm

There is much confusion by consumers in understanding the term “financial advisor” and how they are paid. Today there is no legal definition, regulation or restriction as to who can use this designation, but there is a big difference in the services different financial advisors provide and how their fees are collected.

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