10 - We Need To Talk About Consumer Duty
TRAP: The Real Adviser Podcast
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Optimizing Fee Structures in Financial Advisory Services
The chapter delves into the complexity of settling on a fee structure in the financial advisory industry, emphasizing the importance of long-term planning fees over initial fees. Speakers share insights on fee structures, discussing the advantages of a tiered approach, the role of advisor integrity over fee models, and addressing potential conflicts of interest. The focus is on the need for transparency, value for money, and adapting fee structures to better serve clients in the evolving regulatory landscape.
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