Comfortable Charging for 'Wisdom'

Vaccai-Yess, Robin
December 2003
Journal of Financial Planning;Dec2003, Vol. 16 Issue 12, p19
Academic Journal
The article argues that hourly fees should be imposed by financial planners. Clients pay for the time and expertise of planners so planners need not market the idea of asset management. Clients understand the method of compensation and a retainer for asset management services can and does work for both planners and their clients.


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