Understanding the charges are is essential when considering a wealth advisor. Typically, you can pay some percentage of the portfolio under management (AUM), an hourly rates, flat fees, or a mix of these methods. AUM fees usually fall from around 1% to 2% annually, while an hourly rates may range from $100 to $300 or more, subject to the consultant

Understanding the exact price of the advisor can be tricky and varies considerably based on their services and payment model. Generally, you'll encounter multiple forms of payment, such as hourly fees, a percentage of assets under management, package deals, or some combination of all. Hourly fees can range from roughly one hundred to 300 per hour,