Financial Advisor Compensation: Fee-Only vs Commission vs Fee-Based

How does a financial advisor make their money and how can you expect to pay for their services or products?  Financial advisors typically use one of three structures to earn compensation: fee-only, commission-based, and fee-based. To find the ideal financial advisor for you, it’s important to understand his or her compensation structure upfront.Today, we’re examining Financial Advisor Compensation to help you make the most informed decision when it comes to finding a financial advisor you trust.

Should You Create a Living Trust?

When you pass on, how do you want your assets to be handled and distributed to your loved ones or charitable organizations? Today’s post explores the ins-and-outs of creating a living trust. We’ll explore the differences between trusts and wills, the responsibilities of executors and/or successor trustees, and take a look at the financial ramifications for creating such a legal document.