Nerd's Eye View

MAY 15, 2024

commissions), and who holds themselves out as a trusted adviser by either stating they are acting as a fiduciary or otherwise indicates that they are making individualized recommendations based on the investor's best interest.

Retirement 245

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Nerd's Eye View

DECEMBER 6, 2023

Over the past several years, the financial services industry has undergone a tremendous evolution in how financial advisers deliver and charge for their services. While commission-based models remain in use, fee-for-service models (including AUM, hourly, retainer, and subscription) have become increasingly popular.

Investing 246

Investing Investments Financial Advising Retirement Planning 246

Carson Wealth

AUGUST 28, 2022

Most common is charging a percentage of assets managed on behalf of a client. This model is called AUM (assets under management). A portion of the fee is then paid to the financial advisor. Fees range based on the level of management, platform, firm and the types of assets held in client accounts. .

Financial Advisor 52

Financial Advisor Commission Insurance Financial Planning 52

eMoney Advisor

DECEMBER 15, 2022

That’s because the advisors expected to retire control 40 percent of total industry assets, or roughly $10.4 The Financial Planning Workforce. To focus in on financial planners, we turn to the Certified Financial Planner Board of Standards’ statistics on its membership. Bureau of Labor Statistics, U.S.

Financial Planner 74

Financial Planner CFP Certified Financial Planner Financial Advisor 74

Harness Wealth

MAY 25, 2023

The primary fee structures are: Fee-only : Advisors only receive payment from their clients for the services they provide, not receiving any commissions or other incentives from product providers. Fee-based : This structure is a blend of fees and commissions. How Much Should I Expect to Pay for Financial Advice? Between 0.5%

Financial Advisor 52

Financial Advisor Certified Financial Planner Ethics CFP 52

Sara Grillo

APRIL 10, 2023

There is no underlying asset that drives the value. It’s not an asset so why would you hold it? But to own crypto… Wright: Is gold an asset? Wright argues that we could diminish any asset that way, even stock certificates. FTX custodied everyone’s assets. “It’s just basically nothing.”

Investing 52

Investing Investments CFP Financial Advisor 52

Brown Advisory

JANUARY 1, 2023

In the author’s view, most asset bubbles and subsequent financial crises are caused by interest rates rising after having previously been set too low. Charles Schwab doesn’t take meaningful credit risk as total loans of $40bn are a small (less than 7% of balance sheet assets) part of their operation.

Investing 52

Investing Investments Valuation Clients 52