Do You Know What Fees and Commissions You’re Paying?

Have you ever wondered why some advisors get paid in fees while others take commissions from your investments? Today we’ll explain the difference, what you should consider, and why your portfolio expenses are probably higher than you realize.

Apple PodcastsSpotifyTuneIniHeartRadio

The View From The Pinnacle

Have you ever wondered why some advisors get paid in fees while others take commissions from your investments? Today we’ll explain the difference, what you should consider, and why your portfolio expenses are probably higher than you realize.

Click the timestamps below to fast forward to certain points of the episode.

 

Thing’s You’ll Learn Along Today’s Journey

Building a strong retirement plan often requires guidance and assistance from an advisor, but how much will that cost you?

If you work with a financial professional or have inquired about it previously, you likely came across different payment structures from person to person. Some people get paid in fees while others take commission. So what’s the difference and what provides you the best value for your money?

Today we take a look at fees and commissions and explain the difference between the two structures on the Retirement Elevated podcast. Sean Lee has always been a strong proponent of getting the best value so he’ll explain the pros and cons of these different advisor options. Plus, do you know expenses you’re carrying in your portfolio. More times than not, clients are underestimating that number.

As we always say, it’s your money and you’ve worked hard for it. Let’s make sure you’re getting the best return for what you’re paying.

Listen to the full episode or click on the timestamps below to hear a specific segment.

0:28 – So what are the differences between fees and commissions?

0:58 – There are two types of fees when working with a fiduciary.

2:20 – Outside of advisor fees, what are some of the other costs?

3:59 – Sean’s opinion on fees.

6:08 – A larger percentage of people than not are paying more in portfolio costs than they realize.

 

Looking Back From The Mountaintop

 

Resources From Today’s Podcast

Sign Up For A Class With Us

Check Out Our Media Center

Learn More About Sean

 

Your Guide:

Sean P. Lee – Contact

MORE EPISODES

Retirement Baseball

While home runs are an exciting part of any baseball game, the end result of who wins the game has a lot more to do with how the rest of the game is played. Drawing from his extensive experience both on the field and in finance, Sean provides valuable insights into how the principles of baseball can be applied to crafting a successful retirement strategy.

LISTEN NOW »

Rookie Investment Mistakes

Investing can be a daunting task, especially for those who are new to the game. In this podcast, Sean shares his expertise on common rookie investing mistakes and how to avoid them.

LISTEN NOW »

Retirement Satisfaction

Who are the people who have the highest satisfaction in retirement? And how can you be one of them? It begins with understanding your retirement needs.

LISTEN NOW »

MEET YOUR HOST...

For over a decade, Sean Lee has helped families reach and maintain their financial goals. As a trusted advisor, he coaches and assists his clients with their financial goals by focusing on the fundamentals and takes a practical and personal approach when working with them.

As a trusted professional in Utah, Sean has been featured in The Wall Street Journal’s Market Watch, The Deseret News, The Salt Lake Tribune and USA Today. He has also been featured as a local financial advisor on Utah’s NBC station, KSL 5.

Questions for Sean?

GET IN TOUCH

MORE WAYS TO CONTACT

(801) 639-0095

slee@erg-slc.com

Investment Advisory Services offered through Elevated Capital Advisors, LLC, an SEC Registered Investment Advisor. Insurance products and services are offered through Elevated Financial Services, LLC.

*Guarantees provided by insurance products are backed by the claims-paying ability of the issuing carrier.

The retirement kit is provided for informational purposes only. It is not intended to provide tax or legal advice. By requesting this report, you may be provided with information regarding the purchase of insurance and investment products in the future.