While this model did have its many benefits, historically, there have been challenges in managing things like transitions, taxes, restrictions, and profitability.
July 23, 2021 | Financial Industry
Traditionally, when creating a fee schedule, all payment levels would make up a single fee structure. This meant that if an investment advisor wanted to change a specific fee within the structure, the entire fee schedule would need to be recreated.
July 16, 2021 | Financial Industry