Financial advisors are typically compensated in one of three ways: fee-only, fee-based, or commission-based. A fee-only advisor charges only for their advice — no commissions. A fee-based advisor charges advisory fees and may also receive compensation in connection with certain financial products. A commission-based advisor earns compensation primarily through the products they sell. J. Martin Wealth Management is a fee-based firm. All compensation arrangements are fully disclosed to our clients so you always understand how we are paid and how it may relate to our recommendations.