Rob Oliver explains how financial advisors get paid and suggests questions to ask advisors about how they are compensated.

Resource links:

• The National Association of Personal Financial Advisors (NAPFA)
• SEC’s Investment Adviser Search
• CNN-Money: Ask How Your Advisor is Paid
• Wall Street Journal: How to Pay Your Financial Adviser
• Financial Planning Association: How Planners Charge
• New York Times: Questions to Ask When Picking a Financial Adviser

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Please note that this blog post and video are for educational purposes only and should not be construed as advice specific to your situation. You should get advice from a legal, accounting, or investment professional before deciding what course of action is appropriate for you.