How much should I expect to pay a fee-only financial advisor?

In other words, clients should expect to pay a maximum of $50,000 on a $10 million account. Online advisors have shown that a reasonable fee for money management only is about 0.25% to 0.30% of assets, so if you don’t want advice on anything else, that’s a reasonable fee, O’Donnell says.

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One may also ask, how much do fee-only financial planners charge?

Generally speaking, feeonly financial planners will charge between $150 to $400 an hour and between $1,000 to $5,000 annually.

Subsequently, how do I find a fee-only certified financial planner? How to Find a FeeOnly Advisor

  1. The National Association of Personal Financial Advisors (NAPFA) is one of the largest professional organizations of fee-only financial advisors in the country. …
  2. The Garrett Planning Network is another organization of fee-only financial planners who mostly focus on providing hourly advice.

Thereof, are CFP fee-only?

A CFP® professional may represent his or her or the CFP Professional’s Firm’s compensation method as “FeeOnlyonly if: The CFP professional and the CFP Professional’s Firm receive no Sales-Related Compensation; and.

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