Which of the following receives all of their revenues from clients?
A)Fee-only planners.
B)Commission-only planners.
C)Fee and commission planners.
D)All of the above.
E)None of the above.

Question

Quizplus · Accepted Answer

Fee-only planners receive all of their revenues from clients, as they do not receive any commissions or other compensation from third parties. Commission-only planners receive their revenues solely from commissions earned on products sold to clients, while fee and commission planners receive revenues from both fees paid by clients and commissions earned on products sold to clients.

Which of the Following Receives All of Their Revenues from Clients