Could performance-based billing boost a financial adviser’s business? This is one of the questions that Advyzon, a technology platform and portfolio management solution for financial advisers and investment managers, analyzed with new data recently released in its third annual Billing and Fee Study, a white paper based on original research that analyzes which fee models independent financial advisers (IARs and RIAs) are using today. The report uncovers recent trends in billing and fees as well as offering insights into where the industry may be headed.
One of the biggest takeaways from the year-end 2023 study is that the number of firms offering performance-based billing steadily increased withi