 The data suggests advisers and firms are paying more attention to fees now, taking control and actively pricing services as opposed to basing them on what they think the market is pushing."Patrick Kennedy, co-founder of PriceMetrix. |
Advisory fees rise above 1% after bottoming in 2013
Liz Skinner | InvestmentNews, March 2015
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Summary: Fee-based pricing is on the upswing after falling for several years and landing under 1% in 2013, a new report shows. Advisers charged an average of 1.02% on client assets in 2014, compared with 0.99% the previous year, according to a PriceMetrix Inc. report released Monday that analyzes transaction and account data of 40,000 advisers.
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