197-Charging A Fee For Your Service

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Commissions are a form of variable-pay remuneration for services rendered or products sold.  Commissions are a common way to motivate and reward salespeople.  Commissions can also be designed to encourage specific sales behaviours.

We have been talking about a change on the horizon of charging a fee for service rather than being paid by commission.

The traditional way of being paid in the financial planning world is by commission.

However, is financial planning better suited as a fee for service.

There is structure and value to fee for service.  What services are you getting from your Financial Planner.

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