Our Compensation

How We Charge

We feel that it is critical for our clients to understand what they are paying for and how they are paying for it. Our goal is to be as transparent as possible when discussing compensation for our advice.

Park Place Financial Advisors is generally compensated for services in one of three ways: asset management fees, commissions, or hourly fees. 

Asset Management Fee:
An asset management fee is often the preferred method of payment for clients because it is based on the assets managed, not on commissions or transactions. Annual investment management fees range from 0.90 percent to 1.35 percent.

Commissions:
We charge commissions on certain products that we offer as registered representatives of Commonwealth Financial Network®. Such products include stocks, bonds, mutual funds, annuities, life insurance, and certificates of deposit.

Hourly Fees:
For consulting work and in-depth strategy preparation, an hourly fee of $150 is charged. 

Because each client is unique, we are able to put together an appropriate fee structure to help meet individual needs.

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