The median advisory fee in Kokomo, IN is 1.45% of assets under management. This is 26% above the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.
There are 112 fee-only financial advisors in Kokomo, IN, representing 77.8% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.
The most common professional designation among Kokomo advisors is the CFP (Certified Financial Planner), held by 29 advisors. Other important credentials include the CFA (Chartered Financial Analyst) and CPA (Certified Public Accountant). These certifications require rigorous education, examination, and ongoing continuing education.