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Flat Fee vs. AUM Fee: What Your Advisor Really Costs

financial planning financial advisor wealth management

A 1% AUM fee grows with your account; a flat fee doesn’t. See the dollar difference at $250k, $500k and $1M, and when each makes sense.

Andrew R. Reina and Kairene (Amber) Holgate are Registered Representatives of Fortune Financial Services LLC. Veritas Wealth Management LLC and Fortune Financial Services, Inc. are separate entities. Securities offered through Fortune Financial Services LLC. member FINRA/SIPC.

Investment Advisory services offered through Veritas Wealth Management LLC, a SEC Registered Investment Advisor, located at 5900 Core Rd. Suite 201 Charleston, SC 29406 Property and Casualty insurance offered through The Edmund Andrew Company, a wholly owned subsidiary of The Ragnar Group Inc. Life, Health, Disability insurance offered through Veritas Insurance Solutions, a wholly owned subsidiary of The Ragnar Group Inc. The Ragnar Group Inc. and Fortune Financial Services, Inc. are separate entities.

Always check your advisor’s experience at FINRA’s Broker Check.Fortune

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