A passion for sports helped kick-start Ayana Forward’s business career. Today, she runs an independent fee-only practice
Natasha Knox uses her training in financial therapy to help clients become aware of their attitudes toward money
DIY plus fee-only planning was the choice for one millennial
Focusing on a target group of clients can help you grow your business, experts say
The billable hour model is not appropriate for advisors who integrate financial planning and investment management
Since Julia Chung co-founded Spring Financial Planning in 2017, it has grown to include 11 advisors across Canada
Marc Lamontagne, a true believer in the fee-based model for financial advisors, is committed to helping other advisors make the transition. “The only fees we earn,” he says, “are those we charge the client”
You need to demonstrate what’s in it for them
Establish your price and create a transition plan
Much greater buy-in from the financial services community is required for fees to gain greater prominence, new survey reveals