Is the Fee-Only Model Right for Your Firm?

Crane, Amy Buttell
May 2007
Journal of Financial Planning;May2007 Supplement, Vol. 20, p8
Academic Journal
The article discusses compensation models in financial planning. According to the author, commissions were the dominant compensation model until they were negatively impacted by discount brokerages, no-load funds and the financial planning profession. The author discusses the history of assets under management compensation models. Also discussed is the fee-only model, which one broker believes is good for both the financial planner and the client, in that it focuses on improving portfolio performance while considering financial risk tolerance and goals. INSETS: FPA Supports Full Disclosure on All Compensation Models;The Middle Way.


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