Traditional Broker vs. Fee-Only Financial Advisor

Fee-Only Financial Advisor Atlanta

Many people are confused about the difference between traditional brokers and fee-only financial advisors. In the old Archie Bunker model, you purchased products from a broker or insurance agent; a traditional broker works on commission and is often encouraged to sell products recommended by his or her firm.

The new service model, based on Fee-Only Financial Advice, is more like going to a doctor where you pay for expert advice; with Fee-Only Advisors there is a fixed fee outlined up front for advice, regardless of what products are recommended, and without any worry about conflicts of interest or hidden commissions.

Read More: Clark Howard agrees that Fee-Only Financial Advisors are the way to go.

Fee-Only Financial Advisor Christian Koch, of KAM South, explains the difference very clearly in this video:

KAM South Expert Tips Video – Broker vs. Fee-only Advisor from Christian Koch on Vimeo.

To learn more about how to build your retirement wealth, contact Christian Koch, President of KAM South in Atlanta, GA. Christian has been helping people build their wealth for more than 20 years. Let him help build yours.

Call Christian Koch
, CFP®, CPWA®, CDFA™ at (404) 843-3745