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What are the Different Types of Financial Advisors?

WiserAdvisor

These professionals also hold expertise in various fields, such as retirement planning, tax management, estate planning, investment management, insurance, debt management, wealth management, and more. Below are the different kinds of financial advisors you may choose from: 1.

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Average Fees for Financial Advisors in 2023

Harness Wealth

Here, we’ll break down the different types of fees that financial advisors charge in 2023. Fee Type Fee Description Typical Cost* Examples Assets Under Management (AUM) A fee based on the percentage of your total managed assets. Between 0.5% Hourly Fee Fee charged per hour of advice.