TITLE

Earning the Fee: Advantage of an independent, fee-only or fee-based financial advisory firm

AUTHOR(S)
McKimmie, Kathy
PUB. DATE
January 2007
SOURCE
Indiana Business Magazine;Jan2007, Vol. 51 Issue 1, p32
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the advantages of an independent, fee-only or fee-based financial advisory firm in Indiana. It could be noted that these companies are convincing the investors about their significance in wealth management. The fee-only model refers to all revenues which are based on fees from clients. It has been suggested that people should ask about the technical capacity of a firm to do the financial planning work. However, a client needs to buy more life insurance in planning.
ACCESSION #
23769679

 

Related Articles

  • Sales skills still essential in planning. Pokrajac, Milana // Money Management;8/22/2013, Vol. 27 Issue 32, p5 

    The article focuses on the Hays Recruitment's Salary Guide 2013 report on financial planners with interpersonal skills that are still being sought by wealth management divisions, while financial planning and wealth management continued to create demand for people with foreign language skills.

  • Planners without research advising blind. Lim, Justin // Money Management;11/15/2007, Vol. 21 Issue 43, p1 

    The article reports on the criticisms made by financial analyst Justin McLaughlin against financial planning groups that do not have in-house research capability in Australia. He states that the industry is not putting too much emphasis on the importance of research. Furthermore, he notes that...

  • Money Talks. Knuckey, Deborah // Washingtonian Magazine;Jan2009, Vol. 44 Issue 4, p177 

    The article explores the significant role of wealth managers in assuring the safety and protection of the financial status of business enterprises in the U.S. It is the main role of wealth managers to offer businesses the best advice in every decision they make related to their money. They are...

  • HIGHER AND HIGHER. McGee, Suzanne // Financial Planning;Oct2007, Vol. 37 Issue 10, p72 

    The article reports on the need for financial advisors to adjust their businesses as wealth of their clients go up. According to the "2007 World Wealth Report," there are 9.3 millionaires in the U.S. The author states that as wealth of clients add up, their needs and demands change, triggering...

  • What consumers want. Heaven, Andrew // Money Management;12/14/2006, Vol. 20 Issue 47, p12 

    The author reflects on the profession of providing financial planning to consumers in Australia. He assesses that the need for sound financial advice is more important than ever, and that the consumers have become wary of seeking financial advice due to the criticism and the barrage of mixed...

  • Your Goals Are Ours.  // Financial Planning;Apr2007, Vol. 37 Issue 4, p16 

    The article focuses on the commitment of the "Financial Planning" journal to enhancing the business of financial planners online and in print. In line with the goal of the journal, coaching sessions on the journal's Web site AdvisorMax.com are available to help financial advisors manage and...

  • The micro-business sweet spot. BARTLETT, RICHARD // Money Marketing;4/9/2015, Issue 1480, p40 

    The author talks about developments in the British financial planning and wealth management sector as of April 2015. Topics include the fears in the industry over the unwillingness of employees to pay for advice, the availability of providers offering pension schemes to help advisers build...

  • Entering Your Client's Secret Garden. von Borstel, Wayne // Advisor Today;Jan2009, Vol. 104 Issue 1, p12 

    The author reflects concerning financial planning through enhancing value by having intimate conversations with the client. According to him, he recognized that there was an inverse ratio on his practice income received to time invested and realized that planning was more important. He concluded...

  • Easing the Burden. Levenson, Deborah // Financial Planning;Aug2006, Vol. 36 Issue 8, p18 

    The article presents tips for clients who want to settle their financial assets for those they leave behind. Prepare an updated will, create a private notebook with all the information heirs may need and check beneficiary designations. Financial advisors should also discourage clients from...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sign out of this library

Other Topics