On top of an AUM fee, other financial advisors and brokers may charge other fees!
Below is a breakdown of some of those fees.
Sometimes they will disclose these fee, but most of the time,
They are hidden within the cost of the funds or products that they sell you.
It is up to you to ask your advisor:
- How they get paid
- How much they get paid.
It is up to you to determine if they are worth that cost.