It's better model than hourly or commissions

Sign up, and you'll be able to customize your font size and more! Sign up

Report problem with this ad

Jan 23, 2017
9:55:06pm

Gcouga Walk-on

It's better model than hourly or commissions

no motivation to spend more time than needed or buy and sell stock to increase pay.

Report problem with this ad

Gcouga

Bio page: Gcouga
Joined: Oct 15, 2016
Last login: Mar 5, 2017
Total posts: 895 (1 FO)

Report problem with this ad

Messages

Author

Time

Can someone in the financial advising industry share a reasonable justification

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?

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

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

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