Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.

Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.

Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.

Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.

Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.

Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.

Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.

Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.

Before choosing a financial advisor to help you create and implement a wealth management plan, it is important that you understand how your financial advisor gets paid for the professional services they provide. Some financial advisors require that you pay them a commission based on a percentage of the funds under management. Others may require that you pay a flat fee for their work, or a combination of a commission and a flat fee. If the agreement you enter into with your financial planner is commission based, there are rules that govern the advice that they can give you that protect your best interests.

The Financial Planning Association of Australia (FPA) Code of Professional Practice governs the way in which financial planners can apply commissions to their work. Financial advisors are banned from receiving commissions and other benefits which may cause a conflict of interest. By law, financial planners are required to declare all financial benefit to themselves – direct and indirect – derived from the advice given to their clients. This means that your financial planner is not allowed to charge commission on financial advice that also causes financial gain for themselves, without your knowledge. Financial advisors are required by law to put your interests first.