✉news BusinessPersonal Finance first seen 8 d ago, last 1 d ago, peak #9
Wealthy investors struggle to find hourly-fee financial advisers
Original: I’m rich, and I’d like a seasoned financial adviser who charges by the hour. Why is this so hard to find?
A wealthy investor is asking why it is so difficult to find an experienced financial adviser who charges by the hour rather than by assets under management. The question highlights a long-standing frustration in personal finance: most advisers serving affluent clients tie their fees to portfolio size, which can cost far more over time than straightforward hourly billing, while fee-only hourly advisers tend to serve smaller or middle-income clients.
Why now: The piece taps into ongoing debate about how financial advisers charge fees and whether commission- or asset-based models disadvantage clients.
Evidence
- I’m rich, and I’d like a seasoned financial adviser who charges by the hour. Why is this so hard to find? · MarketWatch
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