
352 | The DIY Financial Plan
ChooseFI
Advice Only vs Advice Only?
Shamelane wright: Advice only is fee only financial planning without the expectation, obligation, or even the option, to have your investments managed. There's three compensation models withan advice only and it's really, you can do kind of what people know, s like the one time plan. And then there's project based, hourly, and then there's retainer, like subscription. The assets under management model gets worse as you go down the spectrum.
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