Financial advisors now charge an average retainer fee of roughly $6,800, a 52% increase from three years ago, according to a ...

When clients look to cut marketing costs, they often ask their agency to move from a monthly retainer to hourly or per-project billing, but this method is not one-size-fits-all. When clients look to ...

As the profession has shifted from product sales to providing and implementing a client’s financial plan, compensation models have also adapted. Now, with the Department of Labor’s pending fiduciary ...

Rianka Dorsainvil launched her RIA, Your Greatest Contribution, two years ago with a retainer fee rather than prices based on clients’ assets under management. The $3,400 annual fee allows her more ...

What’s indisputable is that, faced with a downturn, advertisers tend to redefine or tighten compensation structures. Still, a retainer fee is the equivalent of a safe haven for agencies, and about one ...

As investors become increasingly cost conscious and more savvy about fees, some financial advisers claim to be poised to field any and all challenges by embracing a retainer-fee model. Unlike the more ...

That's especially challenging when planners must compete against big firms such as Vanguard and Fidelity, which have the scale to offer investments at lower price points than smaller registered ...

Q: Now that business is starting to pick up again, I am thinking of trying to charge my clients an annual retainer fee for travel counseling and booking. The fee will be nonrefundable and payable in ...

Appellate Court: "Retainer Fee Means Only Initial Fee"... Supreme Court: "Misinterpretation of Legal Principle" The Supreme Court has ruled that the retainer fee paid for hiring a lawyer should be ...