WiserAdvisor is an independent network of financial advisors involved in advising business clients. The company is based in Fairfax, Virginia, and was established in 1999. The financial advisors of this company are registered with a Registered Investment Adviser (RIA), apart from security offers by broker-dealers. On the basis of Advisor Compensation, disclosures with FINRA/SEC, and experience and licensing, the firm prescreens financial advisors. Trustpilot gives this company a rank of 316 out of the total 348 it has listed on its website in the non-bank finance category, as well as a TrustScore of 6.6 out of 10.
WiserAdvisor functions as an online platform that comprises of a directory of financial advisers who connect with local investors. The financial concerns of this company include retirement and healthcare, business to personal, investable and personal assets, and saving and investing. The advisor compensation includes both Fees-only and Fee-based compensation. When selling financial products, the former kind of compensation-seeking advisors do not earn commissions and are delivering comprehensive financial solutions. Fee-based advisors receive fees paid by mutual fund Company, an investment partnership, brokerage firm, or insurance company. More notably, they receive commissions from the products which they sell, apart from fees taken for offering advice.