Financial planning advice is incredibly valuable, but many advisors struggle in trying to figure out the "right" fees to charge, or even the "right" fee model to use. In practice, the overwhelming majority of advisors charge a 'traditional' 1% AUM fee. But this doesn't always align well with the needs of individual clients. The rise of alternative fee-for-service models provides more ways for advisors to charge to ensure they're getting paid what they're worth... but also creates an even more overwhelming number of choices in trying to figure out what to charge!
Join Michael and expert guests, Alan Moore and Stephanie Bogan at February’s Kitces Office Hours as they discuss how to set the ‘right’ fee structure for your financial planning advice.
