TITLE

The Future of Fees

AUTHOR(S)
Opiela, Nancy
PUB. DATE
August 2006
SOURCE
Journal of Financial Planning;Aug2006, Vol. 19 Issue 8, p24
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the fees charged by financial planners for their services. Financial planner Roy Diliberto claims that retainers ease the relationship between investors and finance managers by eliminating conflict of interest suspicions. D. Christopher Brown, another financial planner, has not found any significant data suggesting that planners are adopting the retainer model, and discusses the difficulty of the fee generating enough profit. Bonnie A. Hughes uses an hourly rate model for her services, and claims that her clients enjoy the transparency of assessing fees that way. INSETS: How Do Planners Charge Clients?;How Planners Present Their Fee Structure to Clients;From the 2006 FPA/FRC Advisor Study: Alternative Practice Benchm.
ACCESSION #
22065612

 

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