3min chapter

Invest Like the Best with Patrick O'Shaughnessy cover image

Michael Kitces – The Past, Present & Future of Financial Advice - [Invest Like the Best, EP.122]

Invest Like the Best with Patrick O'Shaughnessy

CHAPTER

Adviser Pricing Model

The one % fee is like the common fee charged by a financial adviser to an nd client. That one % fee actually does still hold with sort of an asterisk. The medium fee is really one % on a one million dollar account. It is typically a graduated fee schedule. Advisers to have higher fees on smaller accounts, smaller fees on higher accounts.

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