Evolving Beyond AUM Fees Models in Financial Advisory
Relying on Assets Under Management (AUM) as the primary fee structure is often viewed as a simplistic approach to fee-setting. Asset-based fees fluctuate with portfolio balances, ostensibly incentivizing advisors to grow assets. It’s no surprise, then, that over 90% of registered investment advisors utilize this model, as reported by the latest InvestmentNews Benchmarking Study. Yet, […]
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