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‘Fee based’ vs. ‘fee only’ financial planners: There’s a big difference

By Liz Weston in LA Times
Wed, Nov 09, 2022 at 3:03PM

‘Fee based’ vs. ‘fee only’ financial planners: There’s a big difference

....Such advisors often call themselves "fee based", hoping you'll confuse them with "fee only" planners.  Fee-Only planners are compensated only by the fees you pay; they don't accept commissions or other compensation that could influence their advice. 

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