Planners look to high-net-worth segment | Money Management

Many financial planners are progressively making changes to their business models as they shift towards the high-net-worth (HNW) client segment, according to Investment Trends research. ... ongoing ASF is part of the deal in lieu of say a larger (unaffordable) Upfront Fee then this should be akin to a legally binding commercial contract. If commissions are per se a dirty word, then why not ban them in all forms. No commissions for selling Real Estate. Cars, and even Avon. ...

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