Advice-only fees gain traction as advisers opt out of managing client portfolios
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Asset-based pricing still dominates in wealth management, but the trend is moving away from charging clients based on portfolio size.
The trend toward increasing commoditization of investment management, boosted by broad-scale adoption of robo-advice platforms and dirt-cheap ETFs, continues to drive innovation among financial planners looking for new market opportunities.
While it might go against the grain of popular thinking
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