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This Web site contains a compilation of more than a thousand consumer finance  columns written by Tony Novak from the 1980s through 2006, updated and reformatted for maximum usefulness today.  New material was added after 2010.

Content is the opinion of the author and does not represent the position of any other person or entity. Information is from sources believed to be reliable but cannot be guaranteed.

The author is paid for product endorsements and has an ownership or other financial interest in the businesses related to the topics covered.

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Adviser fees

originally posted: 11/22/2006  reposted: 2/18/2011 This post has not been recently reviewed or revised by the author and may be out of date. If you notice an error or are in doubt, please send a new question by email or ask for an update. Email

Q: How do your fees compare with national averages for financial advisers?

A: My fee of $150 per hour is slightly lower than the last published figure of $175 per hour as a national average. For extended accounting services and training, my fee of $75 per hour appears to be in line with other published figures of $68 per hour (from data collected a few years ago). It is important to note that no other fees are allowed in my service. The surveys do not show the fact that some of the other advisers polled are likely to also charge asset-based fees and may include advisers who do not act in a fiduciary capacity.


More resources:

"Choosing a Financial Adviser"