The Argument Against AUM Fees, Part 2

Financial advisors themselves lose out in a number of ways by using an AUM fee to charge clients, argues advisor Andy Panko.

Financial advisors themselves lose out in a number of ways by using an AUM fee to charge clients, argues advisor Andy Panko.

In part 1, Panko makes the case why financial advisors are doing disservices to clients when they charge fees based on assets under management.

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