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Best Ways To Boost Advisor Productivity: New Tech Efficiencies Vs Old Fee Increases: Kitces & Carl Ep 126

Kitces and Carl - Real Talk for Real Financial Advisors

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Increasing Advisor Productivity: Efficiency or Fee Increases?

The hosts discuss the trend of seeking small efficiency gains versus raising fees to boost advisor productivity. They explore the concept of revenue per advisor and the factors that contribute to increasing this number, such as working with clients who are willing to pay more and leveraging technology. The chapter emphasizes the potential for advisors to reevaluate and potentially increase their fees to match the value they provide.

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