We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
Is the Fee-Only Model Right for Your Firm?
- Authors
Crane, Amy Buttell
- Abstract
The article discusses compensation models in financial planning. According to the author, commissions were the dominant compensation model until they were negatively impacted by discount brokerages, no-load funds and the financial planning profession. The author discusses the history of assets under management compensation models. Also discussed is the fee-only model, which one broker believes is good for both the financial planner and the client, in that it focuses on improving portfolio performance while considering financial risk tolerance and goals. INSETS: FPA Supports Full Disclosure on All Compensation Models;The Middle Way.
- Subjects
COMPENSATION management; DISCOUNT brokers; NO-load mutual funds; FINANCIAL planning industry; ASSET management; FINANCIAL planners; FINANCIAL risk management; FINANCIAL planning; PORTFOLIO management (Investments); PORTFOLIO performance
- Publication
Journal of Financial Planning, 2007, Vol 20, p8
- ISSN
1040-3981
- Publication type
Article