CAPTRUST VP Kathryn McCall Breaks Down 3 Adviser Fee Types on KCRA 3

1 articles · Updated · KCRA Sacramento · Aug 20

Kathryn McCall told KCRA 3 that investors should understand exactly how advisers are paid before judging whether the relationship is worth the cost.
Three common ways money changes hands are commissions, management fees and, in some cases, kickbacks from companies to the adviser, she said.
McCall said a financial adviser should be able to explain both their own compensation and any other parties being paid in the arrangement.
Certified financial planners are required to act in the client’s best interest, McCall said, calling that a useful starting point when evaluating an adviser.