Fee Structures Explored
The discussion highlights the challenges of alternative fee structures like flat or hourly fees, emphasizing that advisors often earn their fees episodically based on market events. Fran illustrates this with a compelling example from the 2008 financial crisis, where the ability to retain clients during downturns can significantly impact long-term returns. The conversation also delves into the emotional struggles investors face post-crisis, showcasing the importance of strategic advice in navigating market volatility.In this clip
From this podcast
Masters in Business
Fran Kinniry Discusses Diversified Portfolios
Related Questions
Why would I want to use a financial advisor that charges Asset Under Management (AUM) fees?
Why would I want to use a financial advisor that charges Asset Under Management (AUM) fees as discussed in the episode Why You Need a Financial Planner— and No, You Don’t Need To Be Rich To Have One! and the clip Understanding Advisor Fees?
Why would I want to use a financial advisor that charges Asset Under Management (AUM) fees in the episode Why You Need a Financial Planner— and No, You Don’t Need To Be Rich To Have One! and the clip Understanding Advisor Fees?