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The 1% AUM Fee Is Fading: Cerulli
News April 30, 2025 at 03:27 PM
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What You Need To Know
- Most advisors now charge less than 100 basis points for clients with $1.5 million or more in investable assets.
- The percentage of advisors who charge a combination of fees and commissions is likely to drop from 12% to 2% over the next 24 months.
- Clients are demanding additional services along with lower fees.
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