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Advisors Peg Fees to Total Net Worth
January 19, 2010
In article "Advisers Peg Fees to Total Net Worth" for the Wall Street Journal, Kristen McNamara explores fee structures based on a client's overall net worth. ACA member, Kevin Young, who uses the annual retainer compesation model explains, "fees based on total net worth can make sense for middle-income clients who may not have investments outside their company-sponsored retirement plans."
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