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11 Ways Advisors Have Changed Their Fees
If a digital tool can handle asset allocation and rebalancing for 35 basis points or less, how will advisors be able to keep justifying the industry standard of 1% of assets under management?

That question was at the heart of Financial Planning's April cover story, in which we looked at the ways some firms are changing their fee structure or their value proposition to respond to a shifting competitive landscape.

About a quarter of fee-only advisory firms we surveyed in February said they had changed their fee structure in the past year (as did 20% of all independent firms), and another 13% said they were likely or somewhat likely to alter their fees this year.

So what did they do? We combed through respondents' individual comments to identify several of the changes firms have made. Page through to see the full set, or click here to see them in a single page. -- Rachel F. Elson