My Account
Sign up, and you can make all message times appear in your timezone.
Sign up
Report problem with this ad
Start a related thread
Start a related poll
Reply via Boardmail
Jan 23, 2017
9:47
:08
pm
SuperTank
Hey Denty!
Also do it yourself investors who basically set it and forget it see nearly identical returns to those who have accounts
managed by professionals who take a nice cut for themselves.
This message has been modified
Originally posted on Jan 23, 2017 at 9:47:08pm
Message modified by SuperTank on Jan 23, 2017 at 9:47:50pm
Start a related thread
Start a related poll
Reply via Boardmail
Report problem with this ad
SuperTank
Bio page
SuperTank
Joined
Apr 21, 2010
Last login
Apr 26, 2024
Total posts
47,663 (16,909 FO)
Report problem with this ad
Messages
Author
Time
Can someone in the financial advising industry share a reasonable justification
Rogue Gunner
1/23/17 9:33pm
Don't want to deal with managing money & takes emotion out of it
Gcouga
1/23/17 9:43pm
Also do it yourself investors who basically set it and forget it see nearly identical returns to those who have accounts
SuperTank
1/23/17 9:47pm
Thats great for investors who can hack volatility, too many panic
Gcouga
1/23/17 9:48pm
But I am wondering why the AUM reimbursement model?
Rogue Gunner
1/23/17 9:50pm
It's better model than hourly or commissions
Gcouga
1/23/17 9:55pm
In that case, an annual or quarterly fee would make more sense, IMO
Rogue Gunner
1/23/17 10:00pm
It's about incentivizing them to perform. The better the performance the more
Ash
1/23/17 10:27pm
In my firm's case, much of the cost comes from middle and back office costs.
Homercles
1/23/17 10:27pm
Thx, that is at the very least a reasonable justification
Rogue Gunner
1/24/17 12:20pm
The company I used to work for tiered the AUM fees. Invest more money
Cougarclaw
1/23/17 10:42pm
Fee-based advisors typically charge the fee for more than just asset management.
wcj99
1/23/17 10:15pm
Report problem with this ad
Posting on CougarBoard
In order to post, you will need to either
sign up
or
log in
.
Report problem with this ad