My Concerns With The Assets Under Management Model
Under this model, financial advisors don’t get paid directly by their clients. Instead, they take a percentage of the investments they manage on behalf of their clients.
There are a growing number of financial planners moving away from the “Assets Under Management” model and moving towards a “fee-only” or “fee for service” model
Financial Advisors Using The Retainer Model Are Reaching An Untapped Market
A growing number of advisors have realized that those who can’t afford a financial advisor under the Assets Under Management and fee-only models are an untapped market.