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Reply to "Does a commission based financial advisor ever make sense?"
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[quote=Anonymous]DP. Im trying to understand difference between “fee based” and “commission based” here. So fee based typically are paid via AUM and commission based are paid when they sell you a product? A quick google search shows fee based advisors can be fiduciaries while commission based typically are not. If that’s correct, that’s a big deal to me. [/quote]
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