In the News

Title

Experimenting With New Compensation Models

Document Type

Article

Publication Date

9-29-2014

Abstract

In a new initiative, more and more advisors are turning to hybrid compensation models—a monthly retainer, say, paired with an AUM fee—in order to expand their client base.

The move is being driven in part by next-gen advisors who want to offer financial planning services to younger clients who haven't yet built up much in the way of investable assets.