Latest / Transition To RIA Podcast
Q45 - How To Charge For Financial Planning?
This is episode #45 of the Transition To RIA question and answer series where I answer Registered Investment Advisor (RIA) related questions I get from advisors just like you. On today's episode I answer the question.....how to charge for financial planning?
Ever have a prospective client where an AUM fee model is not feasible, and/or desired?
The common example is a doctor shortly out of residency.
These so-called HENRY’s (High Earning, Not Rich Yet) want the advice you provide, but don’t yet have the investable assets to support an AUM-fee model approach.
What they do have though is income…
The skinny
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