Definition · Regulatory
Fee-Based Adviser
An adviser that charges clients fees and may also earn commissions on some products. A fee-only adviser is paid only by clients.
Nashional Investments · Updated October 2026
Educational definition only, not investment, tax or legal advice.
In practice
Investment advisers are regulated to protect clients, and knowing how the rules work helps you judge the advice you receive. The term Fee-Based Adviser relates to how advisers such as Nashional Investments are registered and supervised. You can review our registration, Form ADV and disclosures at any time.
Questions
Common questions.
What does the term Fee-Based Adviser mean?
An adviser that charges clients fees and may also earn commissions on some products. A fee-only adviser is paid only by clients.
Why does Fee-Based Adviser matter for investors?
Investment advisers are regulated to protect clients, and knowing how the rules work helps you judge the advice you receive. The term Fee-Based Adviser relates to how advisers such as Nashional Investments are registered and supervised.
Related terms
Where it applies
See how this fits into a real plan on our Our disclosures page.
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