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What types of business models and fee structures exist for a CPA performing personal financial planning services?

April 26, 2017Business ModelsBusiness Business Models CPA exist fee Financial Planning models Performing structures types

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What types of business models and fee structures exist for a CPA performing personal financial planning services?

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CPA financial planners can provide services through a variety of business models – most CPAs choose to provide financial planning for an hourly or retainer fee and if crossing the line in terms of providing investment advice, register as an investment adviser and create an RIA (registered investment adviser entity) . Compensation models could be arranged as a fee-only, commission-only or a blend. You can find more information on business models in the PFP Practice Center.