28 - We Need To Talk About Fees
TRAP: The Real Adviser Podcast
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Evolution of Fee Structures and Business Sustainability in Financial Advising
This chapter delves into the evolution of fee structures in financial advising, emphasizing the shift towards value-based fees and the importance of transparency and integrity. It discusses the challenges faced by businesses during market stress and the necessity of adapting to maintain business sustainability. The narrative highlights the impact of client feedback on fee models and the significance of continuous client engagement for long-term success.
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