Advisers can’t live by AUM fees alone
Clients should have the option of paying for advice in a way that makes them most comfortable and makes sense for them.
It's time for financial advisers to rethink the AUM fee — fast. Charging a percentage — usually 1% — of assets under management has long been considered the most ethical, and profitable, way to get paid for delivering financial planning and investment advice to clients. That explai
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