Experimenting With New Compensation Models
Jamie Patrick Hopkins
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.
Uzelac, Ellen, "Experimenting With New Compensation Models" (2014). In the News. 62.