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Anonymous
Are Fee based advisors or commission based advisors better?
What are the key differences between both type of advisors? Im too busy to monitor my investments and am wonderinf if anyone have experiences with fee based or commission base type advisors at banks or financial institutions?
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You decide who is better, it's an opinion, no right or wrong.
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Pang Zhe Liang
01 Apr 2023
Fee-Based Financial Advisory Manager at Financial Alliance Pte Ltd (IFA Firm)
Generally, for a commission-based advisor, the main portion of their remuneration comes from the sal...
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Fee based , commission based actually both no differences to me , their recommendation would not make you rich or have any astonishing return . Fee based actually worse because if you don't want to heed their advice , you stil need pay . Would prefer salary based because those salary based , they could not be hackcare whether you wan or Don't want.
tried reading twitter from our famous degenspartan , I believe his recommendation is 100% better than any of the advisor be It fee or commission