Comment on Will AUM-Based Fees Or Retainers Rule The Day?

Will AUM-Based Fees Or Retainers Rule The Day?

With the Department of Labor's (DOL) new Fiduciary Rule set to begin in April, there is a debate brewing over whether the more traditional asset under management (AUM) based fees or retainers will win the day moving forward. Clearly, under the best interests rule for retirement, advisers will be moving away from charging commissions and gravitate toward fees.

 

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