TITLE

Thinking of Increasing Your Fees?

AUTHOR(S)
Kircbenbauer, Lisa A. K.; Hanley, Debra A.
PUB. DATE
July 2011
SOURCE
Journal of Financial Planning;Jul2011 Practice Management Solutis, p18
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the factors to consider when planning to increase the financial advisers' fees in the U.S. Financial advisers are recommended to determine the revenue generated by the clients and the time being spent on their services. It cites the relevance of providing notice to clients before implementing the proposed fee changes. It highlights the importance of organizing client information in order to accurately analyze fee changes. Moreover, the financial advisers need to ensure the competitiveness of their fees to other competitors.
ACCESSION #
62826787

 

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