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Why do Physicians Need Financial Advisors and How to Find Them

WiserAdvisor

A financial advisor for doctors can be an indispensable asset, offering insights to these specialized professionals on how to manage their money. This article will shed light on why physicians particularly need financial advisors to navigate the financial intricacies of their lives.

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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. Hourly Fee Fee charged per hour of advice. Between 0.5%