Investment Dictionary

Fee-only Investment Advisor

A newer type of investment professional who charges a flat hourly rate (or “a la carte” rate) for his or her services, instead of taking compensation from commissions on investment transactions. The fee-only advisor’s services consist mainly of analyzing portfolios as a whole, so he or she is most likely schooled in many different asset classes, as well as other areas such as real estate, college financial aid, retirement and tax planning/preparation. Here we take a look at the fee-only investment advisor’s place in the financial world and how this type of professional compares to those who are compensated by means of commissions.

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