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b"Show Notes:\\nThere are so many ways to make money as a financial advisor, I want to break down some of the more popular models to make money as a financial advisor.\\nPreviously, you might have wondered do all financial advisors, planners, coaches get paid the same?\\nIs it from products sold?\\nServices rendered?\\nHow does that AUM thing work? Let's tackle all of that today.\\n\\nFor traditional financial professionals that are regulated by the 1940 Act, just find the ADV. Within that, you will see the various compensation models.Here's a video I've done describing this with my own ADV down below.\\nOnce you find that ADV, you'll likely come across a few different models...\\nAUM\\nFlat Fee\\nProducts/Commissions (life insurance, 12b-1 fees)\\nHourly\\n If no ADV, this would be a more non-traditional route and means that you could see a different variety...\\nsubscription - probably the most popular (i.e. Financial gym)\\ncourses,\\n Ultimately what you charge for and how much that will be up to: (1) your expertise and the (2) of client you will serve. But keep in mind flexibility and fit.\\nThanks for listening, reading and watching.\\nAre you a current or aspiring financial professional? Click here to learn more about how I'm helping you jumpstart your career!\\nWant to connect with me? Send me a DM on Linkedin (@dhendersonsr) or Instagram (@dominiquehendersonsr).\\n\\n--- \\n\\nSend in a voice message: https://anchor.fm/dom-the-maven/message"