This is a guest post written by Dr. John Lim who is a well-known author in the personal finance world. He often writes for the Humble Dollar and has submitted guest posts to multiple WCI Network partners. Dr. Lim is in the process of creating a personal finance curriculum for his residents in Reno, NV. … Read more
When someone asks “How does my financial advisor get paid” it should be a relatively easy question to answer and understand. Unfortunately, that’s not the case much of the time. Fortunately, this post will not only answer that, but provide you an awesome chart to see exactly where conflicts of interest exist in all of the most common financial advisory models!