Faculty Publications


Understanding How Financial Advisors Are Compensated

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With the value provided by good financial decision making and the impediments people face to achieve good financial outcomes for themselves, it is worthwhile discussing more about the advisory profession and understanding how advisors are paid, if for no other reason than in the interest of increased transparency. Though the financial services profession is highly regulated at both the state and national levels, use of the terms “financial advisor” or “financial planner” as job titles is hardly regulated.