In this video clip, Reese Harper and Chad Jardine look at why subscription fees might make sense as advisors adapt their offerings to meet the changing needs of a wider audience.
In the age of Netflix and Spotify, it’s no surprise people are looking for a more flexible approach when it comes to accessing financial services. On this Elementality podcast, Reese and Chad look into the fee-for-service trend. Young professionals want access to financial guidance when it comes to making pivotal life decisions. Are subscription fees the answer? And can they be balanced with traditional AUM fees that have driven money management for decades?