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FPA Honcho: Focus on Compensation Model is Misguided

Evaluating advisors based on whether they receive commissions, advisory fees, or hybrid compensation is misguided because the ultimate factor should be if planners serve their clients’ best interests, says Edward Gjertsen II, vice president of Mack Investment Securities and Financial Planning Association president. So reports Money magazine.

He maintains there are reputable advisors across the spectrum of compensation models. Read the full article from Money magazine.

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