Results from our latest poll appear to show that a quarter of financial advisers are considering billing new clients for the help they provide.
Last week we asked if you are considering introducing a ‘fee-for-service’ component into your business model. And while 65% of you voted ‘no’, and 10% said they weren’t sure, a solid 25% are considering the option.
Debate over which remuneration model is more appropriate is starting to bubble to the surface in New Zealand, prompted by apparent concerns aired by the industry regulators.
Are you considering the introduction of a 'fee-for-service' component into your business model for new clients?
- No (61%)
- Yes (29%)
- Not sure (10%)