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Performance-based fees gaining ground among advisors, study says
But advisors say traditional AUM fees are still the primary model.
Are AUM fees heading toward extinction?
The asset-based model is the default setting for many firms, but more creative thinking is needed to attract the next generation of clients.
Stock pullback has more advisers diversifying away from asset-based fees
As account balances shrink in stride with the financial markets, RIAs are increasingly embracing flat-fee pricing.