Payment fees

SEC-registered investment advisors hit an all-time high in 2023 as assets under management also rebounded to stronger growth, according to the latest survey by Investment Adviser Association (IAA) and COMPLY.

With a rush of individuals exploring alternative assets for the first time, advisor platform CAIS is slashing fees that it says affect portfolio performance for such investments.

Survey results from the payment processing firm AdvicePay suggest fee-for-service models for financial planning continues to grow.

Current billing systems present a number of compliance oversight issues for larger financial institutions, says co-founder Alan Moore.

Though largely replaced by the 1% of AUM model, performance-based fee structures are cropping up again — and that’s cause for concern.

The firm wants to rid advisors, and their clients, of traditional paper checks.

Comparing trading prices alone may not be enough.

Investors want more clarity and better options when it comes to fees.