 The AUM model is the model for the foreseeable future. Why would anyone give up getting paid [in terms of] AUM? It’s the best thing in the world.”Don Phillips, Managing Director, Morningstar |
Will retainer fees replace the conventional AUM model?
Tobias Salinger | Financial Plannning, May 2017
Read the article online >
Summary: Rianka Dorsainvil launched her RIA, Your Greatest Contribution, two years ago with a retainer fee rather than prices based on clients’ assets under management. The $3,400 annual fee allows her more flexibility in choosing clients, she said, and it sends a direct upfront message.
Be the first to comment on this Article
