Question

The most objective financial planning advice is generally obtained from:
a. insurance agents.
b. stock brokers.
c. fee-only planners.
d. commission-only planners.

Answer 1

The most objective financial planning advice is generally obtained form C. FEE-ONLY PLANNERS.

Fee-only planners are financial planners that are registered investment advisors. They are legally bound to act in their client's best interest. Because their earnings are not reliant on product sales, they have fewer inherent conflicts of interest and provides more comprehensive advice to their clients.

Answer 2

Hello, the answer you are looking for is C. fee-only planners. In my reading assignment it says, "Fee-only planners generally offer more objective advice   because there are no conflicts of interest due to commission received from the sale of products." If you need more information here is the URL to the reading assignment i used to get my answer.

https://courses.jmhs.com/content/enforced/7056-CE011_20_1/Personal%20Finance/CE011%20Part%201/Lesson_1/Reading%20Assignment%20Lesson%201.pdf?_&d2lSessionVal=nR0I7FLcrb4A6JQnFpcK5YT8o&ou=7056

Page 14, first paragraph, third sentence.

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