Updated Tuesday, July 22, 2014 as of 7:22 AM ET
Portfolio - Insurance
Special Report: Your practice management questions answered
by: Editorial Staff
Monday, March 1, 2010
Print
Email
Reprints
Partner Insights

Kahan's firm charges clients a fixed fee, often set for three years. "We calculate the amount based on factors such as the client's net worth and the amount of our time the client requires," he says. "Generally, the fixed fee for existing clients is about the same as they had been paying, under AUM. All of our new clients get a fixed-fee schedule and most of our existing clients have switched over. About 85% of our clients are on fixed fees now."

Get access to this article and thousands more...

All Financial Planning articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.

Already Registered?


Lists
2014 Summer Reading List for Advisors

Current Issue

The July Issue is now online!


TWITTER
FACEBOOK
LINKEDIN

Industry Events

August 10, 2014 |

September 9, 2014 |

September 17, 2014 |

September 20, 2014 |

September 28, 2014 |

Already a subscriber? Log in here