Should you cut your AUM advisor fee in half?

Advisor Fee

What if you cut your AUM advisor fee in half and made up the difference by charging a retainer fee? That’s what multi-billion dollar RIA firm Abacus Wealth Partners is experimenting with.

Subscribe to Steve's Podcast

With the DOL rule and increasing pressure on firms to be more transparent with their pricing, we’re starting to see firms experiment with their advisor fee.

In an earlier episode, I talked to Scott MacKillop who founded third-party investment firm First Ascent Asset Management. His firm capped its advisor fee at $1,500 for accounts larger than $300,000.

In today’s show, I talk to J.D. Bruce, president of Abacus Wealth Partners and Billy Oliverio, vice president of United Planners. We had a lively conversation about alternative pricing strategies from the RIA and broker/dealer perspective.

Listen to the Alternative Advisor Fee Pricing Model Conversation 

iTunes Between Now and SuccessStitcher-button

 

Do you want to have deeper conversations like this? Take a look at our financial advisor coaching program.

Get More Tools for FREE From Belay Advisor

Don’t let the industry pass you by. Become a Belay Insider today, for FREE, and never miss a new post or podcast.

PLUS get exclusive free tools and access to the podcast transcripts. Register right now for free.

Enter your desired password twice. Must be at least 8 characters long.

Forgot Password?

The following two tabs change content below.
Steve is the founder of Belay Advisor and a NYT bestselling author, podcast host, speaker, and financial advisor coach.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


Wishlist Member WooCommerce Plus - Sell Your Membership Products With WooCommerce The Right Way .