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Advice Fee Benchmarking: How do your fees compare to the market average?
NextWealth's analysis reveals the changing landscape, with a decrease in total client costs to 1.75%. Explore the breakdown of advice fees by component and understand why ongoing advice remains a significant part of client expenses. Uncover insights into initial advice fees and the adoption of subscription-based fee structures, offering valuable information to keep your financial strategies competitive and cost-effective.
Financial advice businesses are weathering the storm
The Financial Advice Business Benchmarks (FABB) report highlights significant trends and challenges in the financial advice industry.