Clark Capital Management Inc.

Well, well, well, another person seeking the easy and best way to make money online, huh?

Let me burst your bubble, my friend.

There's no magic formula or secret shortcut to instant riches.

If it were that easy, we'd all be lounging on our private yachts by now.

But since you asked, here's my opinionated take on it: Instead of relying on Chatgpt or any AI for a quick cash grab, how about putting in some real effort and honing your skills?

Find something you're passionate about, something you're actually good at, and provide value to others.

Whether it's creating content, offering a service, or building a legitimate business, the key is hard work and dedication.

So, step away from the get-rich-quick schemes and focus on building a sustainable and fulfilling online venture.

It may take time, but hey, at least you'll be on the right path to success.

www.clarktradesmanagement.com
Good luck!

🌟 A Heartfelt Thank You to Our Amazing Sponsors! 🌟

Today we're teeing off for a cause that's close to our hearts. Our annual charity golf outing at Raintree Country Club wouldn't be possible without the incredible support of our generous sponsors, who believe in the power of equine therapy to make a positive impact in the lives of so many.

🏌️‍♂️ Each swing on the green today is a step towards healing, growth, and empowerment for our participants. It's because of you that we can continue this meaningful journey.

A HUGE shoutout to our sponsors:

🌟 Exclusive Financial Resources LLC
🌟 Wahl
🌟 Metro Diner
🌟 eFACTOR3
🌟 Pure Intentions Coffee
🌟 Coca-Cola
🌟 Clark Capital Management Inc.

Your dedication to our cause means the world to us. Together, we're creating a ripple effect of positivity and transformation that spreads far beyond these fairways.

Partnership.

We offer a true partnership to advisors and their clients, taking the time to listen, learn, and help investors achieve their unique goals.

Discipline.

Using a combination of fundamental and quantitative research, our disciplined investment approach is unemotional and repeatable.

Experience.

Our Portfolio Managers have extensive industry experience, delivering what we believe are the best investment opportunities in today’s markets.

Our Goal

Our goal is to help clients remain committed to their investment plan regardless of whether markets go up or down through our:

How Much Does a Financial Advisor Cost?

Andrea Coombes
Written by Andrea Coombes
Edited by Carolyn Kimball
Fact-checked by Dayana Yochim
July 18, 2023
two women meeting at an office conference table
It would be great if there were an easy answer to the question of how much a financial advisor will cost you, but hiring a money expert is not unlike buying a car: Your all-in costs are going to vary — a lot — depending on the type of car, the trim model, the add-ons. You get the idea.

Like car models, there are many types of financial advisors to choose from, and each type offers a varied lineup of services. On top of all that, financial advisors use different types of payment structures.

But it’s crucial to understand how your advisor gets paid — and how much. Consider this: If you invest $100,000 and pay a 1% annual fee over 20 years, that’s going to cost you almost $30,000 more than a 0.25% fee would have. Check out this SEC bulletin on investment fees.

Here are a few ways financial advisors get paid:

Assets under management
How it works: Many advisors charge a percentage of assets under management, or AUM. That percentage generally starts at about 1% per year. For example, say you have $1 million to invest. At 1%, that works out to $10,000 a year for the advisor.

Potential conflicts of interest: If AUM is the only fee your advisor is collecting — they’re not also collecting commissions on products they sell you — then AUM isn’t a bad way to go. One potential conflict is, if the assets are defined as invested money only, then the advisor might lean towards investing more of your assets, rather than, say, putting that money in a savings account. That won’t happen if your advisor is a fiduciary. (Some advisors define AUM as solely investable assets, while others will include cash or bank deposits. In the latter situation, this conflict won’t arise.)

Challenges: Advisors using an AUM fee model are less likely to work with small-dollar investors. Your $100,000 of investable assets may represent years of hard work to you — and you should be proud of it! — but to an advisor who charges 1% based on AUM, that means an annual fee of $1,000, and they probably won’t be willing to take you on as a client.

If you have some money but not a boatload, and you’re looking to invest for a long-term goal like retirement, consider a robo-advisor. Generally, robo-advisors harness the idea that long-term investors do well with more or less the same mix of index mutual funds. Their automated investment portfolios differ only in how much risk they take on. With a robo-advisor, there’s often a low, or no, minimum account balance, and their AUM fees tend to be about 0.25% or even less.

Hourly fee
How it works: Some advisors charge an hourly fee, ranging from about $150 to $300 or more. This structure is an ideal way to reduce conflicts of interest, because the advisor is getting paid by you and only you (just confirm that this is indeed the only way the advisor is getting paid).

Potential conflicts of interest: If an hourly fee is the only fee your advisor is collecting — that is, they’re not also collecting commissions on products they sell to you — then this is about as conflict-free as you can get.

Challenges: The upfront cost may be too high for some people, and it might be hard to know exactly how much you’ll end up spending in total.

Fee-for-service
How it works: This payment model is similar to the hourly fee, but instead of paying for the advisor’s time, you pay for a specific service.

For example, say you’re feeling pretty good about your investment decisions, but just want to get a second set of eyes on your overall money sitch and goals for the future. All righty, then. A fee-for-service model, where you pay, say, $2,000 to $3,000 for a detailed financial plan, might work best for you. The fee will vary depending on the advisor and the service, but, like an hourly fee, this is a great way to feel safe knowing that the advisor is working solely for you — but, again, it’s important to confirm this is the only way the advisor is getting paid.

Potential conflicts of interest: If fee-for-service is the only way your advisor is getting paid, there’s a low risk of conflicts.

Challenges: The upfront cost will be too steep for some folks.

Retainer
How it works: This is a fee you pay once a year for ongoing access to a financial advisor. The precise terms of the arrangement — for example, exactly how often you get to be in contact with your money expert — will vary depending on the terms of the deal, but generally you’re paying a lump sum for almost unlimited access. That lump sum might be $7,000 or more.

Potential conflicts of interest: If the retainer is your advisor’s sole source of income in their dealings with you, there’s a low risk of conflict here.

Challenges: It’s a lovely thought to have almost-unlimited access to a financial advisor, but the upfront cost will be prohibitive for some folks.

Commission
How it works: Some advisors work on a commission-only basis. Others use a fee-based (rather than fee-only) service, in which the financial advisor is likely to charge one of the fees described above as well as receiving a commission on product sales. For example, a financial advisor who sells insurance is likely to receive a commission for each policy sold — and that commission tends to be higher the more expensive the policy is (annuities, anyone?). Or, a broker will pitch you the mutual funds sold by his own firm, which may well be pricier than similar mutual funds sold by other companies.

Potential conflicts of interest: Commissions are inherently conflicted. The advisor in this situation may seem incredibly helpful and friendly, but he or she is usually a salesperson focused first on improving the company’s bottom line, not your own. All of that said, some advisors who receive commisions are ethical — it’s just harder to know what you’re dealing with when commissions are in play.

Challenges: Advisors who are paid commissions often appear to be more affordable than advisors who are paid solely by one of the other models described above. The challenge is to figure out exactly how much you’re paying in fees for the products they’re pitching, and to decide whether you really need that product in the first place.

Fee-only vs. fee-based
A hugely important question to ask a financial advisor before hiring them is: How are you paid? An advisor who is fee-only is paid solely by you. That’s a good thing. Compare/contrast with an advisor who is fee-based: They get paid by you as well as by companies that reward them for selling their products. If they’re not a fiduciary, they’re likely to sell you products that line their pockets rather than saving you money.

That’s why we recommend sticking with fee-only, fiduciary financial advisors.

Bottom line
If you’re not sure what payment model is best for you, focus on this phrase: fee-only fiduciary.
If you’re not sure what payment model is best for you, focus on this phrase: fee-only fiduciary. If an advisor is paid solely through fees, rather than commissions, you can feel good knowing that you’ve done your utmost to avoid conflicted advice on what to do with your money. And a fiduciary is duty-bound to put your needs above their own. If you find a fee-only fiduciary that you want to work with, pat yourself on the back — and then, just to be sure, hit them with the script from our article on questions to ask an advisor.

Infographic: Can You Trust Your Financial Advisor?

verified_user
Trust Algorithm

Our searchable database of U.S.-based financial advisors includes more than 17,000 firms across the country. Each month, investor.com downloads the latest regulatory data from the SEC IAPD database. This data is then run through our proprietary Trust Algorithm to generate a star rating for each firm based on a variety of measures, including disciplinary history and conflicts of interest.

As a Certified B Corporation™, our focus is simple: people before profits. Each month, investor.com serves as a trusted resource to help thousands of Americans research and compare financial advisors.

Your Guide to Personal Finances Offering expert guidance to the world of personal finance. Helping consumers find information, products and financial advisors they can trust.

Clark Capital Management Group에서 제공하는 Happy Hour~~~^^

As Clark Capital’s Chief Investment Officer, Sean oversees all of the firm’s investment activities and heads the firm’s Investment Team. Sean joined the firm in 1993 and is responsible for asset allocation and investment selection for Navigator® Investment Solutions as well as directing ongoing market research and contributing to the development of proprietary products. Sean is a member of the Clark Capital Investment Team and the Executive Team. He graduated from the University of Delaware, earning a B.S. and an M.A. in Economics. Sean holds the Chartered Financial Analyst® designation and is a member of the CFA Institute (formerly AIMR) and the Financial Analysts of Philadelphia, Inc.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Brendan is Chief Executive Officer of Clark Capital Management Group. As the Firm’s leader in defining and executing its vision and strategy, Brendan is tasked with aligning Clark Capital’s mission with stakeholder needs. He oversees all of the firm’s business lines including custom-tailored strategies for high-net-worth investors, 40 Act products, strategist model delivery, and strategic partnerships. Brendan leads an experienced team of executives who ensure that Clark Capital maintains its consistent, firm-wide focus on delivering world-class asset management strategies and services to advisors and their clients. He has been with Clark Capital since 2001, and has held positions of increasing responsibility including Executive Vice President of Business Development and President.

Brendan serves on the Money Management Institute’s Board of Governors and the MMI Gateway Foundation’s Board of Trustees. The Gateway Foundation supports a variety of programs to foster career awareness and workforce readiness for students of color from historically underrepresented communities seeking internships and entry-level employment opportunities in the financial services industry. He is also a founding member and Treasurer of the board of Philadelphia Financial Scholars, a 501(c)(3) nonprofit that aims to help Philadelphia high school students and their families take on systemic challenges and develop wealth-building tools through access to financial literacy and entrepreneurship education. Brendan earned a B.S. in Economics from the University of Delaware and holds the Chartered Financial Analyst® designation. He is a member of the CFA® Institute and the CFA® Society of Philadelphia.

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

Thank you and best wishes to our 2020 Summer as they complete their final week in our annual internship and mentorship program. This year's class hales from the University of Pennsylvania, Drexel University, Penn State University, Saint Joseph's University, Temple University, Syracuse University, the University of Maryland, Kutztown University, and the University of Texas. We’ve enjoyed the past few weeks of virtual learning, collaboration and mentorship!

Join our telegram group:

T.me/clarktrademanagement

From all of us at Clark Capital, we wish you and your families a Happy Fourth of July!

T.me/clarktrademanagement

We're proud to kick off the new year supporting The Megan House Foundation, Inc. This incredible organization provides a supportive home for those suffering from addiction through an evidence-based substance abuse treatment program that focuses on individual dignity, self-respect and empowerment. Learn more about our charity of the month at: https://themeganhouse.org/

www.clarktradesmanagement.com

Join our telegram group…!

t.me/clarktrademanagement

From all of us at Clark Capital, we wish you and your families a happy, healthy, and successful New Year!



Join our telegram group

t.me/clarktrademanagement

Inspired by its family and employee-owned atmosphere, one of Clark Capital’s core values is a culture of care that aims to leave behind a business legacy that extends beyond investment returns.

Join our telegram group
t.me/clarktrademanagement

Our employees had a great time volunteering with the students of SquashSmarts! We’re proud to continue our support of this great organization that improves the lives of youth in Philadelphia by providing academic tutoring and promoting health and fitness through squash.

Join our telegram group

t.me/clarktrademanagement

Last week, our employees participated in an offsite volunteer day at MANNA (Metropolitan Area Neighborhood Nutrition Alliance) where they helped prepare over 1,376 meals! We're proud to continue our support of this great organization that prepares and delivers nourishing meals to those battling critical illness in the Philadelphia area.

t.me/clarktrademanagement

This month, Clark Capital and its employees are proud to support Jessica's House. This great organization provides a safe place to support children, teens, young adults and their families in grief.

Join our telegram group

t.me/clarktrademanagement

We're thrilled to share that we have been recognized as one of the 2019 Best Places to Work by the Philadelphia Business Journal! We are honored to be recognized for this award and are excited to continue our commitment to corporate culture and our employees. https://www.clarktradesmanagement.com

Join our telegram group

t.me/clarktrademanagement

Clark Capital is proud to support the 32nd Annual Ben to the Shore Bike Tour, which takes place this Sunday. Proceeds go to the Families Behind the Badge Children's Foundation which supports the families of fallen first responders and children's charities in the Philadelphia and South Jersey area. Good luck to all of the riders!

Join our telegram group

t.me/clarktrademanagement

Tomorrow marks the last day for our great group of summer interns. We appreciate all of your hard work and wish you the best of luck in the school year ahead. Enjoy the rest of your summer! WayUp

Clark Capital employees and interns volunteered at Cradles to Crayons Philadelphia in their Giving Factory for their Ready for School Initiative. This great organization fills over 30,000 backpacks with school supplies and essentials for children throughout the Philadelphia area to set them up for a successful school year.

Join our telegram group

t.me/clarktrademanagement

We’re excited to welcome our 2019 . This year's class hales from the University of Richmond, Penn State, William & Mary, Tulane University, Saint Joseph's University, University of Tennessee, The Catholic University of America, and NC State University. We look forward to a summer full of learning, collaboration and mentorship!

join our telegram group

t.me/clarktrademanagement

This month, Clark Capital and its employees are proud to support Women of Tomorrow. Women of Tomorrow offers a mentorship program for at-risk girls to engage with accomplished professional women in a small group setting where girls can learn and empower each other.

Join our telegram group:
t.me/clarktrademanagement