Commissions vs. fees: What’s best for clients?
May 21, 2014 by Ed McCarthy
If you want to start a heated debate among financial advisors, ask which compensation model best serves clients: transaction-based commissions or asset-based fees? Each camp can offer arguments that support its approach: lower costs, fewer conflicts of interest, and so on.
But if you ask investors for their preferences, the response is more nuanced.
Originally Posted at LifeHealthPro on May 21, 2014 by Ed McCarthy.
Categories: Industry Articles