What does an Advisor cost?
There are two types of advisors and both will give you the best advice. You have to understand that all advisors earn by commission only, depending on the products that you purchase. The first type of advisor is the fee based advisor. He will provide you with the best advice and the best product available in the market and you have to pay him for his services upfront but you don’t have to buy the financial products from him. The other kind of advisor is the Broker. He has all the products in his shelf, he has a vast knowledge to provide you the best advice. You don’t need to pay him for the advice as long as you purchase the products that he has recommended.