Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Should Asset-Based Pricing Models Stay Or Go?

FYI: Kren Van Voorhis wants to transition her financial advisory clients away from an asset-based pricing model, but she knows that is easier said than done.

Ms. Van Voorhis, a vice president at Sapers & Wallack in Newton, Mass., is like a growing number of advisers in that she recognizes the limits and challenges associated with asset-based pricing models.

"It's becoming difficult to charge a fee that is exclusively tied to an investment account, when work on the account is only a fraction of the work we do for clients," she said. "The current fee structure has led to conversation with clients, that they initiated, asking what they are getting for that 1% fee."
Regards,
Ted
https://www.google.com/search?source=hp&ei=KkseW7PVH8z00wKzqKrgAw&q=Should+asset-based+pricing+models+stay+or+go?&oq=Should+asset-based+pricing+models+stay+or+go?&gs_l=psy-ab.3...4288.4288.0.5994.3.2.0.0.0.0.128.128.0j1.2.0....0...1..64.psy-ab..1.1.119.6..35i39k1.119._dfMICUiF0M
Sign In or Register to comment.