Monday, April 27, 2009
As retired clients' assets dwindle, advisers work harder, earn less
As clients retire, change in pay model may be warranted
For advisers, there's a funny thing about retirement income planning: The better you are at it, the less you stand to make.
When it comes to such planning, almost all advisers who provide these services are charging clients asset-based fees once they stop working, which is of course quite different than working with clients when they're accumulating wealth...
Investment News: As retired clients' assets dwindle, advisers work harder, earn less
For advisers, there's a funny thing about retirement income planning: The better you are at it, the less you stand to make.
When it comes to such planning, almost all advisers who provide these services are charging clients asset-based fees once they stop working, which is of course quite different than working with clients when they're accumulating wealth...
Investment News: As retired clients' assets dwindle, advisers work harder, earn less