Are You Moving to a Fee-For-Advice Model?

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Are you considering a move to introduce more fee-paying options into your advice remuneration model?

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This week Tony Vidler suggests advisers should value themselves properly, saying that if a prospective client does not value objective advice enough to pay for it, then don’t work with them.

He also says the key benefits of charging a fee positions the adviser to give objective advice, be valued, and compensated accordingly. He also adds the adviser can easily introduce fee-paying work into their business model with new clients.

In our latest poll, we’re seeking to understand the current trend when it comes to the fee-for-advice model. Cast your vote and we’ll report back next week with the result.

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See: Value Your Expertise and Eliminate Tyre Kickers