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Fee-Only vs. Commission-Based Financial Advisors: Who Truly Work in The Client’s Best Interest? – An Overview from Scott Tominaga

Summary by KnowProz
When it comes to investing and financial planning, choosing the type of advisor can deeply influence long-term results. According to Scott Tominaga, commoners and investors often find that they have two options to choose from: fee-only and commission-based advisors. Although both claim that they act in the best interest of the client, that is not the reality. The way they accept compensation for services may affect the type of advice they offer,…
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KnowProz broke the news in on Saturday, May 17, 2025.
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