Understanding the expense of hiring a money manager can be tricky . Generally , costs aren't simple and depend on multiple factors. You might see distinct payment models, including hourly rates , asset-based fees , or a transaction-based structure. Hourly rates can fall from $100 to $500 hourly ,

Determining a cost of hiring the financial consultant can seem difficult, as several payment systems are available. Usually, you might encounter charges based on AUM, the per-hour charge, an fixed price, or a blend of them. Asset-based pricing often range between 0.4% and 2%, applied each year to