Financial Planning or Asset Management? Clients Need Both
Why the “AUM fees versus flat fees” debate is resonating with advisors and why it all may just be moot.
Charging AUM Fees Does Not Conflict With Financial Planning
In what may really be my last word on the flat-fee-vs.-AUM debate, I share some cogent thoughts from readers and my cogent (I hope) responses.
10 Tips for Attracting (and Retaining) Doctor Clients
Working with doctors as clients requires some special planning.
Physician Assistance: How to Advise Doctor Clients
Most advisors prefer to work with higher-net-worth people, and for many advisors, medical doctors and dentists constitute a key client group.
The Pros and Cons of AUM or Flat Fee Compensation for Advisors: Part 2
Is charging flat fees for advice really the “wave of the future,” or is it a recycled idea that gained little traction in the past?
On Death and Dying, and Advisors
When two physicians spoke at FPA Experience on what terminally ill people worry about, and how advisors can help them, advisors listened.
FPA Experience: The Young, the Famous and the Virtual
New to this year's FPA Experience: Sessions will be streamed and archived to reach a wider advisor audience, CEO Lauren Schadle says.
When Older Clients Falter: Mary Malgoire on Advisors’ Role
Advisors may be the first to see signs of mental decline in older clients. Mary Malgoire, founder of The Family Firm, an advisory firm in Bethesda, Md., has given this issue a great deal of thought.
NAPFA Elects New Board Members; Two Organization Veterans Return to Leadership Roles
The National Association of Personal Financial Advisors (NAPFA) has elected two new members to its national board to help guide the professional association for fee-only advisors over the next three years, NAPFA announced Wednesday, July 7.