55309, Big Lake, Minnesota - October 27, 2015
Retirement Planning & IRAs1.00 percent of assets under management I believe that there is an inherent conflict of interest when working with an advisor under a commission compensation structure. When an advisor is compensated based upon a percentage of Assets Under Management, that advisor and his or her clients "sit on the same side of the table;" When client assets decline in value the advisors compensation does as well and when client assets increase in value the advisors compensation increases as well.
Reported by: Jesse Johnson, Johnson Capital Management, LLC |
55309, Big Lake, Minnesota - October 27, 2015
Financial Planning1.00 percent of assets under management I believe that there is an inherent conflict of interest when working with an advisor under a commission compensation structure. When an advisor is compensated based upon a percentage of Assets Under Management, that advisor and his or her clients "sit on the same side of the table;" When client assets decline in value the advisors compensation does as well and when client assets increase in value the advisors compensation increases as well.
Reported by: Jesse Johnson, Johnson Capital Management, LLC |
55309, Big Lake, Minnesota - October 27, 2015
Financial Advisors - Stocks & Bonds1.00 percent of assets under management I believe that there is an inherent conflict of interest when working with an advisor under a commission compensation structure. When an advisor is compensated based upon a percentage of Assets Under Management, that advisor and his or her clients "sit on the same side of the table;" When client assets decline in value the advisors compensation does as well and when client assets increase in value the advisors compensation increases as well.
Reported by: Jesse Johnson, Johnson Capital Management, LLC |
55309, Big Lake, Minnesota - October 27, 2015
Financial Advisors - Asset Management1.00 percent of assets under management I believe that there is an inherent conflict of interest when working with an advisor under a commission compensation structure. When an advisor is compensated based upon a percentage of Assets Under Management, that advisor and his or her clients "sit on the same side of the table;" When client assets decline in value the advisors compensation does as well and when client assets increase in value the advisors compensation increases as well.
Reported by: Jesse Johnson, Johnson Capital Management, LLC |
55309, Big Lake, Minnesota - October 27, 2015
Education Planning & 529 Plans1.00 percent of assets under management I believe that there is an inherent conflict of interest when working with an advisor under a commission compensation structure. When an advisor is compensated based upon a percentage of Assets Under Management, that advisor and his or her clients "sit on the same side of the table;" When client assets decline in value the advisors compensation does as well and when client assets increase in value the advisors compensation increases as well.
Reported by: Jesse Johnson, Johnson Capital Management, LLC |
55309, Big Lake, Minnesota - October 27, 2015
401-k Rollover Assistance1.00 percent of assets under management I believe that there is an inherent conflict of interest when working with an advisor under a commission compensation structure. When an advisor is compensated based upon a percentage of Assets Under Management, that advisor and his or her clients "sit on the same side of the table;" When client assets decline in value the advisors compensation does as well and when client assets increase in value the advisors compensation increases as well.
Reported by: Jesse Johnson, Johnson Capital Management, LLC |