As part of a new joint venture between Advisor Perspectives and Dan Solin, we are offering a series of group-coaching webinars to help advisors convert more prospects into clients and grow their assets under management. For more information, go here.
Advisor Perspectives welcomes guest contributions. The views presented here do not necessarily represent those of Advisor Perspectives.
These are very challenging times. Historically, the primary justification for fees was the ability to add value by managing an investment portfolio. But this has become more of a commodity, with the advent of robo-advisors and hybrid advisors like Charles Schwab and Vanguard, who compete directly for retail business, at a sharply reduced fee.