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CFP Board Removes Compensation Descriptions

You may have heard the CFP Board recently removed compensation descriptions from their website.

What does this mean?

Previously, prospective clients could search for advisors based on their compensation – Fee-Only, Commission Only, or Commission and Fee. The Board says it is the best way to have clients and prospects bring up the conversation about compensation. Do you agree? Click here to read more about this controversial decision.

Link: https://www.nytimes.com/2020/03/12/business/coronavirus-401k-contributions.html?referringSource=articleShare

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