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Advisors Rethink Fees as Tech Platforms Gain a Foothold
- Saturday, Sep 15 2018
- News Roundup
- Written by PFA News
The growing acceptance of low-cost technology platforms for investing is causing advisors to adopt novel approaches to fees. So reports TheStreet.
Some advisors have adopted a flat fee, regardless of an individual’s wealth, while other advisors are charging fees based on a combination of clients’ income and total wealth.