Dow Jones MarketWatch: Is your financial adviser secretly putting you in this ‘cookie cutter model’ that could be ‘very risky’ for retirement?
Question: “I have been kicking the tires on some financial planners, but never get to the details of the fee part of the pitch. What is a financial adviser’s fee based on? Are there advisers who have a performance-based fee schedule where if you do well, they do well?
Don Grant, CFP™ helps clarify the Advisor's role.