What Are the Benefits of a Fee-Based Financial Advisor? Fee-based advisors charge fees for their advice and services, while commission-based advisors earn commissions by selling specific financial products Under the fee-based umbrella, there are several types of pricing models financial advisors can choose from
How To Choose A Financial Advisor in 2025 - Forbes Fee-based financial advisors earn money through a combination of fees and commissions They generally will charge a percentage for the assets under management (AUM), but some opt for an hourly charge
Fee-Only vs. Fee-Based vs. Fiduciary Advisors: What You Need . . . Fee-Only: Fee-only advisors always and only serve as fiduciaries An important distinction to make is this; all fee-only advisors are fiduciaries, but not all fiduciaries are fee-only Fee-Based: While some fee-based advisors may act as fiduciaries in certain circumstances, their dual compensation structure leads to conflicts