Time to Retire Your AUM Compensation Model?

Ritchlin, Lance
December 2008
Journal of Financial Planning;Dec2008 Supplement, p18
Academic Journal
The article offers information on the assets under management (AUM) model of retirement planning and suggests the options available to financial planners in the United States. If retired customers stop using this model, they will demand extra time from the planners. The author details the implementation of new fees for financial planning based on hourly and yearly schedules or by project. The drawback of this system is that not all clients would be ready to pay and clients may be tempted to cut down on itemized planning services due to an economic recession.


Related Articles

  • PREACHING TO THE CONVERTED. Utkus, Stephen P. // On Wall Street;Dec2006, Vol. 16 Issue 12, p53 

    The article discusses the retirement prospects of the baby boomers generation. After a gloomy media report on retirement prospects, a call to action is suggested. Ironically, behaved individuals tend to heed such calls positively as compare to difficult individuals who find calls for increased...

  • Climbing the heights.  // Finweek;2/22/2007, p91 

    The article discusses developments made by Verso Financial Services regarding the retirement fund administration industry. Verso is based in South Africa, where the company has focused on providing services that extend beyond traditional clients of administrators to individual fund members. The...

  • Embrace Change. Callahan, Jack W. // Financial Planning;Oct2007, Vol. 37 Issue 10, p97 

    The article reports that financial advisors need to change their practices to grasp opportunities presented by retirement income planning. According to the author, the number of retiring individuals in the U.S. is increasing which is a business opportunity for financial advisors. The author also...

  • Personalized service. Leopizzi, Anthony J. // Fairfield County Business Journal;11/14/2005, Vol. 44 Issue 46, Special section p18 

    The article focuses on the financial services offered by Ameriprise Platinum Financial Services senior financial advisor, Anthony Leopizzi. His objective is to offer effective and personalized financial solutions. He is also qualified in retirement plan selection and distribution, wealth...

  • Carrying Your Nest Egg to the 18th Tee. Wright, Daniel // Business Journal (Central New York);6/17/2011, Vol. 25 Issue 24, p18 

    In this article the author discusses the issue on retirement planning and relates it to golf playing. He offers advise to plan for retirement such as the need to have a trusted and dedicated financial advisor, a retirement income plan, and an appropriate rate of widrawal. According to the...

  • Creating Guaranteed Income for Life.  // On Wall Street;Oct2010, Vol. 20 Issue 10, pA4 

    The article discusses immediate and deferred variable annuities (VA) with guaranteed minimum withdrawal benefits (GMWB) as a retirement income solution. In VA with GMWB, financial advisors can guarantee retirement income while improving the overall portfolio using fixed immediate VA. When...

  • Best Practices for Retirement Planning. Schiff, Lewis // Investment Advisor;Jun2009, Vol. 29 Issue 6, p93 

    The article discusses how financial advisors can best deal with the retirement planning of their clients. It mentions the need among advisors to view their retirement clients as different from their younger clients in accumulation manner. It notes the need among advisors to introduce new...

  • What You Told Me and Each Other. Green, James J. // Investment Advisor;Nov2012, Vol. 32 Issue 11, p104 

    The author discusses issues related to the financial services industry in the U.S. He mentions the challenges that financial advisors of all kinds experience in staying informed, in running efficient, and profitable businesses as well as in serving clients. He features the Retirement Income...

  • Income Fever. Britton, Diana // Registered Rep;Sep2011, Vol. 35 Issue 9, p64 

    The article focuses on the response of financial advisors and plan sponsors on the rising number of retirement income products in the U.S. market. It discusses the expected increase in the number of retirement income assets between 25 and 20 percent in the nation's household investable assets by...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics