Mark's Response: At my firm, I don't charge (or in any way participate) in any commissions.  We charge an annual flat fee to our Ideal Clients; we think it's simpler for the client.  That said, I am not opposed to financial advisors being compensated by receiving, or sharing, commissions.  The issue is disclosure.  I recommend you be up-front and fully disclosed about how client pay you.  You should disclose to clients every cent you will recieve, or ever anticipate receiving.  How each member of your Deliverables Team is compensated should be disclosed by you, as well.  Obviously any referral fees, revenue sharing or commission splits are to be disclosed, as well.