When we first launched the XY Planning Network in 2014, our vision was to expand access to financial planning for Gen X and Gen Y clients by championing a new financial advisor business model: getting ...

Compensation transparency and a lower chance of conflicts of interest are two pros of using a fee-only financial advisor.

Advisory fees pay for guidance, while product fees cover investment costs. For example, a client might pay a 1% advisory fee ...

Before you agree to work with a financial advisor, you need to understand exactly how they’re compensated. If you’re afraid you’ll seem rude by asking, don’t worry: Your advisor is required to ...

Financial planning firms have largely shifted to a fee-for-service model as they seek ongoing planning relationships with more predictable, recurring revenue, according to a report by payment ...

Derek Tuz finds that he just can't get clients very engaged in comprehensive financial planning unless they pay for it with an additional fee. Processing Content The owner of Aegis Financial Partners ...

Edward Jones is becoming a pioneer among large wealth managers with a business model allowing its advisors to offer a comprehensive financial plan in return for a flat, annual fee. Processing Content ...

If you use the services of a financial advisor or investment broker, you’ll end up paying management fees as they handle your ...

Financial advisors charge either commissions or fees for services. Experts say there are pros and cons to each model. Understanding how an advisor earns money helps protect your returns. When you're ...

Asking what exactly you’re paying for and comparing the fees to alternative services can help start the conversation. Many, or all, of the products featured on this page are from our advertising ...

WSJ Buy Side is The Wall Street Journal’s research and commerce team. Our commerce content is distinct from our newsroom coverage. We earn a commission from some links in our articles. Learn more.