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advice-only model explained 3

https://online-wiki.win/index.php/Why_You_Might_Need_Advisors_Who_Don%E2%80%99t_Manage_Investments

The advice-only model means you pay a flat fee or hourly rate for professional financial guidance, but the advisor never manages your money or earns commissions from product sales. It's like hiring a consultant who helps you make decisions without any conflict of interest—they simply give you a clear plan and let you execute it on your own.