 There’s no question that advisors who want to charge on assets going forward are going to have to articulate and prove their value.”Marty Bicknell, CEO, Mariner Wealth Advisors, |
How Should Advisors Be Charging Now?
Charles Paikert | Financial Planning, April 2015
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Summary: When it comes to pricing, charging clients a percent of assets under management — often around 1% — remains the heavyweight champion of the independent financial advisory world. Yet the venerable model faces challenges from a variety of contenders, including variations on flat fees, hourly billing and charging on a percentage of other financial metrics.
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