Because they are paid more when your assets grow (and vice versa) and do not receive commissions for selling investment products, fee-only advisors are considered to have relatively strong alignment of interests with their clients. However, this may also incentivize advisors to manage portfolios either too aggressively or too conservatively, depending on whether they prioritize fee growth or stability.Fee-only advisors , on the other hand, charge a percentage fee based on assets under management (AUM). As a ...

The Charles Schwab Corporation (NYSE:SCHW) is one of the 14 Best Large Cap Stocks to Invest In Now. On December 15, TipRanks reported that William Katz from TD Cowen reiterated a Buy rating on The Charles Schwab Corporation (NYSE:SCHW) and kept the price target at $134. Earlier, on December 11, UBS initiated coverage on The Charles Schwab Corporation (NYSE:SCHW), giving the stock a Buy rating and setting the price target at $119. UBS sees the company as a “premier player” in mass-affluent brokerage and RI ...

At the same time, the study (and the growing research around estimating and communicating advisors' potential value to clients) offers some explanation into why tax planning and preparation are "elements I see time and time again among the fastest growing practices," said Shelby Nicholl, founder of advisor recruiting and consulting firm Muriel Consulting. Since early-career advisors often face difficulty generating organic growth — a problem shared by even some of the most profitable registered investment a ...

Thinkstock Quick Read People with a financial advisor have approximately double the retirement savings compared to those without one. Retirees who claim Social Security at suboptimal times lose hundreds of thousands of dollars over their lifetime. Financial advisors help non-wealthy individuals budget and maximize tax-advantaged retirement accounts. A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. ...

Why does a financial advisor get a fee of 1% or more? That seems really high. If my return is only 4% (for example, in dividends), I am giving away 25% of my return, which is even worse with a bear market. How about charging 1% contingent on the increase in the value of dividend income? -Drex It’s completely understandable to view your investment returns as a measure of how much value your financial advisor is providing. Most people want to make sure their money is put to good use. I’m also not going to ...

Deloitte Ireland has announced the appointment of Aziz Ahmad and Vikram Kunnath as partners, in a move to bolster its consultative businesses. The appointments come as part of a broader investment in talent, with 18 new partners appointed in the past ten months and further expansion planned. Aziz Ahmad will oversee the Valuations practice within the Advisory business. As a fellow of the Institute of Chartered Accountants of Pakistan, Ahmad brings over 20 years of international experience. His previous ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. Some financial advisors are still falling short of ad rule compliance, according to a new risk alert from the Securities and Exchange Commission. According to the risk alert released Tuesday, SEC staff found advisors “using testimonials and endorsements that did not appear to comply with all or some of the requirements” for using testimonials and endorsements (which are allowed with restrictions u ...

退休储蓄现状与缺口 - 根据2024年西北互惠规划与进展研究，美国人预计需要146万美元才能舒适退休，但目前平均仅储蓄了88,400美元，两者之间存在137万美元的巨额缺口 [1] 退休资金需求分析 - 社会保障仅能替代退休前收入的40%，而100万美元的投资账户按安全提取率每年仅能提供约4万美元 [2] - 大多数人需要替代退休前收入的80%至90%，考虑到未来通胀对购买力的侵蚀，即使是146万美元也可能不足 [2] 财务顾问的价值与影响 - 与财务顾问合作是帮助增加退休储蓄、实现财务稳定的关键习惯 [4] - 拥有财务顾问的受访者其退休储蓄金额是没有专业建议者的两倍 [5] - 具体数据显示，没有顾问的美国人的退休储蓄约为62,000美元，而有顾问的人则达到132,000美元 [6][7] 财务顾问的附加效益 - 79%的顾问客户拥有长期财务计划，而没有顾问的群体中这一比例仅为38% [7] - 以10%的投资回报率计算，一个人在45岁时拥有的132,000美元储蓄，到65岁时即使不再追加投入，也能增长至888,000美元 [7]

公司战略与财务重点 - 公司正强化其金融咨询业务 该业务截至2025年9月30日占其总运营收入的近58% [1] - 公司计划每年在其金融咨询部门净增聘10至15名董事总经理 同时维持高标准并提升生产力 [2] - 公司2024年每位董事总经理的平均收入达到860万美元 提前一年完成目标 随后该指标已攀升至近900万美元 公司有信心在2028年前超过1000万美元的目标 [2] - 公司目标是到2030年实现总收入翻倍 并在此期间为股东提供每年10-15%的回报 [5] 业务扩张与增长举措 - 公司通过有针对性的高级别招聘、新增专业服务（包括地缘政治咨询）以及更重视私人资本咨询等高增长领域来扩展咨询能力 [1] - 公司正深化与私人资本市场的联系 其私人资本咨询平台涵盖一级募资和二级市场咨询 目标是使私人资本相关业务占咨询总收入的50% [3] - 公司正在扩大其全球布局 在欧洲和中东等关键增长区域增设办事处并扩大业务 以接触更广泛、更多元化的客户群 [4] - 公司正在投资包括LazardGPT在内的专有人工智能工具 以深化客户洞察、简化内部流程并进一步提升其咨询平台的生产力 [4] 同业竞争对比 - 同业公司T. Rowe Price正通过更高的平均管理资产、向另类及多资产策略的多元化、ETF及目标日期基金等产品创新以及费率稳定来扩大其投资咨询收入 截至2025年9月30日 其投资咨询收入占净收入的77% 该部门收入在2025年前九个月增长近3% [7] - 同业公司Federated Hermes的净投资咨询费占总收入的很大部分 截至2025年9月30日占比为67.2% 凭借其庞大的管理资产规模、多元化的投资策略和广泛的客户覆盖 该公司在维持和增长其咨询费业务方面处于有利地位 [8] 市场表现 - 在过去六个月中 公司股价上涨了24.6% 而同期行业指数下跌了3% [9]

行业收费结构与标准 - 对于管理500万美元投资组合的客户，常见的分层收费模式为：首200万美元收取1%的费用，即2万美元；剩余300万美元收取0.75%的费用，即约2.25万美元，年费总计约4.2万美元 [1] - 1%的资产管理规模费用在行业中并不罕见，尤其对于拥有数百万美元资产的家庭而言，这完全符合仅收费受托顾问的行业规范 [2] - 行业调查显示，100万美元投资组合的平均顾问费约为1.02%，随着资产规模增加，费率会逐渐降低至约0.5%或更低 [2] 客户背景与核心诉求 - 客户是一位54岁的女性，正在为退休和即将面临的丧偶现实做准备，她拥有500万美元的投资资产，此前主要由其丈夫管理财务 [4] - 客户正在寻找一位仅收费的财务顾问，以提供无利益冲突、以客户为中心的指导 [3] - 客户来自一个专注于提前退休和财务独立的社群，该社群优先考虑纪律性规划而非奢侈消费 [5] 财务顾问服务的价值主张 - 退休是个人财务生活中最重要的转变之一，有经验的财务规划师可以帮助制定路线图，提供清晰度并减少可能威胁未来收入的意外风险 [7] - 全面的顾问服务通常远不止基本的投资管理，还包括税务规划、遗产规划、保险审查、风险管理、退休收入建模和持续的投资组合监督 [8] - 对于从配偶管理财务转向独立决策的人而言，专业的建议水平可以帮助避免代价高昂的错误，甚至可能通过更强的税务效率、更好的资产配置决策或改进的长期规划来收回顾问费 [8] - 一位熟练的顾问可以通过避免税务陷阱、防止时机不当的交易或更有效地构建提款策略，轻松为投资者节省数万美元 [17] 替代性收费模式与解决方案 - 许多仅收费顾问提供与投资组合规模脱钩的替代定价模式，例如每年2000至7500美元的固定年费，可为希望获得战略监督但能自行处理日常执行的投资者提供持续指导 [9] - 按小时规划是另一种选择，费率通常在每小时200至400美元之间，适用于评估现有投资组合、审查提款策略或制定初步退休蓝图等针对性需求，5到10小时的工作总计约2000美元 [10] - 一些规划师还提供一次性综合财务规划服务，费用在1000至3000美元，为投资者提供可独立执行的详细路线图 [11] - 投资者可以协商部分管理，例如要求顾问以0.5%的费率管理200万美元资产，年费约1万美元，同时自行管理剩余资产 [11] - 一种实用的混合策略是：第一年支付1%的费用以建立坚实基础，之后过渡到成本更低的方式，例如使用费率约0.25%的机器人顾问，对500万美元资产年费约1.25万美元，并在重大过渡时期按小时咨询仅收费规划师 [13][14][15] - 对于500万美元的投资组合，1%的费用相当于从20万美元年提款额中扣除25%，客户可以探索协商更低的费率或混合安排，以降低年度成本而不牺牲获得指导的机会 [18]