Two recent episodes in setting financial planning fees merit sharing, and both have the same ultimate take-away: don’t think you’re not worth it – because the right clients think you are.
Practice Management
Consumers are Getting Smarter
Prospective clients are now making amazing comments that I’ve never heard from them before: Are you a fiduciary?
Case Studies in Unconventional Financial Planning Billing
The traditional financial planning billing model gives you two options for generating revenue: sell an annuity or some other similar commissioned product, or collect an asset management fee for managing a client’s Investment Portfolio.