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Can You Pay a Financial Advisor Hourly? What You Need to Know | Part 1
Episode 4327th September 2022 • Ditch the Suits - Your Money, Your Life • Travis Maus
00:00:00 00:29:34

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Can you just pay a financial advisor an hourly fee to tell you what to do?

In this episode of Ditch the Suits, we kick off a three-part series breaking down how financial advisors are paid and what options you actually have as a client.

We explore whether hourly advice is realistic, why most firms aren’t structured this way, and what this means for how you receive financial guidance.

What You’ll Learn:

• Whether you can pay a financial advisor hourly

• Why most financial firms don’t offer hourly advice

• How financial advisors are typically compensated

• The limitations of transactional advice vs ongoing planning

• What to consider before working with an advisor

• How to better evaluate your options

Who This Is For:

Individuals considering working with a financial advisor who want to better understand how advisors are paid and what that means for the advice they receive.

Key Takeaway:

How you pay for financial advice shapes the advice you get. Understanding the structure helps you make better decisions about who to trust.

Learn More:

If you’re looking for a financial plan built around your life, not just your numbers; visit: https://www.seedpg.com

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