Advisors: Report fails to consider value of advice

Advisors: Report fails to consider value of advice

4 Comments
  • Doug 2015-02-27 12:37:56 PM
    Following the fee vs imbedded saga and from what reps and head offices are using to promote the move is that moving to a fee platform will increase head office's and a reps income. Am I missing something but who is paying for that increased income? And that benefits who?
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  • Tim Affolter 2015-02-27 1:44:56 PM
    You stopped short of my final comments, Will, which indicated that many financial advisors deliver much more than what an Investment Advisor delivers. I do believe that the cost of using an Investment Advisor will diverge (and probably be squeezed lower) by CRM2. However, the value delivered by a Financial Planner, for an extra cost, of course, will be much more evident as those costs and services become transparent.
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  • Will Ashworth 2015-02-27 2:14:09 PM
    Hey Tim,

    I was constrained by space. But you're so right.

    Transparency trumps everything else.
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