US EditionAdvisers ‘could charge more’ for the value they deliver – Moonstone Information Refinery
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Advisers ‘could charge more’ for the value they deliver – Moonstone Information Refinery
Are South African financial advisers undercharging for the value they deliver? The average ongoing advice fee hovers around 0.5% of assets, but international comparisons suggest there is room for local advisers to increase their fees, says Mark Polson, the chief executive of The Lang Cat, a UK-based financial services-focused consultancy. The Lang Cat compiled the recently released Adviser Barometer for Allan Gray. The report was based on answer…
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