Advisors in all channels saw fee income increase as a percentage of their compensation over the past year, according to a new study.
Advisors nationwide reported that asset-based fees increased as a portion of their compensation to 59% this year, up from 56% last year. That's according to the annual Advisor Brandscape survey of 1,749 advisors by Cambridge, Mass.-based market research consulting firm Cogent Research, now owned by Market Strategies International. That number is expected to increase to 66% by 2015, the study found.
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