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Investors Don't Understand Advisor Compensation

In a survey by Cerulli Associates and Phoenix Marketing International, 33% of respondents say they believe their advisor’s services were complimentary and another 31% said they didn’t know how their advisor was paid.

So reports The FiscalTimes. Investors with large amounts of assets were more likely to understand how their advisors are compensated.

Read the full article from The FiscalTimes.

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