epIsode

16

How Much Are You Paying? Ft. Mark Hansen

The deets

Ever wondered how much you're really paying for financial advice and whether it's worth it? Dive into this episode as we discuss two key ways advisors get paid and how they shape your financial journey.

In this episode, Aaron Buchner sits down with Mark Hansen, Financial Advisor, Second Comma, to break down the differences between Assets Under Management (AUM) versus Fee-Only planning. They're not here to proclaim a 'one size fits all' solution but to explore how different payment structures can help you meet your goals. Along the way, they share insights on the importance of transparency, the impact of digital transformation on financial planning, and why connecting with the right financial advisor is about much more than just numbers.

Aaron and Mark discuss: 

  • (02:52) Differences between AUM and Fee-Only Models
  • (06:50) Importance of transparency in financial planning
  • (11:19) What you’re actually getting for the money you spending
  • (19:22) Why an advisor’s personality matters
  • (24:52) Should you choose an advisor based on fee structure alone?
  • And more

watch the Episode on