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Is your financial advisor overcharging you? Here are ways to protect yourself
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Some financial advisors may be overbilling for their services. Fortunately, there are steps a client can take to protect themselves.
A recent Securities and Exchange Commission investigation of advisors' fees found several errors that resulted in clients overpaying.
In some instances, advisors charged fees that differed from their contractual rate, double-billed clients or assessed fees based on an incorrect account value, according to the SEC alert, published Nov. 10.
Further, the agency found
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