Question: How is Washington DC Financial Planner Kris Persinger Compensated?
Answer: You Choose The Method That Benefits You Most, Including Fee-Only Financial Planning
Some financial advisors only accept one payment structure. At Persinger Planning, we are flexible, so you can choose the method of compensation most beneficial to you. We have even had clients switch modes as their circumstances change.
If you simply want to purchase a handful of investments through Kris, your best option for compensating him might be to pay a commission on each trade he makes for you. The fewer investment products you need, the more economical this is.
If your financial holdings are more complicated, you might benefit from a fee-based account. In this arrangement, you can make an unlimited number of trades each year. You pay a fraction of a percentage of the value of the account.
If you would like Kris to create a detailed financial plan that you can take anywhere you want, he is available to work on an hourly basis. In other words, Kris recommends the types of investments you need, and you can purchase them elsewhere.