Anyone a wealth manager?

Bank of America IX01aP
Jun 6 1 Comment

How does compensation work for wealth managers? Is most of your pay based on commission?

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  • LinkedIn worangelo
    As I understand it, some are commission based and some aren’t. If you want to avoid the conflict of interest that arises from them making money on your purchases, I think “fee-based fiduciary” are the magic words you’re looking for.
    Jun 6 0