Question

The most objective financial planning advice is generally obtained from :

A. Insurance agents
B. Stock brokers
C. Fee-only planners
D. Commision-only planners

Answer 1

The answer is C. Free-only planners

Answer 2

C. Fee-only planners

Step-by-step explanation:

Fee-only planners are enrolled investment consultants with a fiduciary responsibility to perform in their clients' best interest. Besides, they do not obtain any fees or benefit based on product sales. Because they have fewer conflicts of interest, they usually provide more extensive advice.