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How advisers get paid

This is the question that changes the advice you get. Ask it in the first meeting.

  1. Fee-onlyPaid by you alone, no product commission
  2. Fee-basedPaid by you and by commission. Not the same thing
  3. CommissionPaid by the products they sell you
  4. Fiduciary dutyAsk whether it applies to all of their advice or some

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