Intelligence

June Surprise: Financial Advisory Fees Remain Strong

Reporter: Brian O'Connell

Publication: InsuranceNews.net

Contact: brian.oco@verizon.net

Deadline: Jun 8, 2017 7:00 pm

Why Advisory Fees Remain Stable In 2017 — Despite widespread industry fears over lower financial advisory fees (due mostly to increased competition from digital-based advisory services, and low-cost index funds and ETFs), advisor fees seem quite robust in mid-2017 — and should stay that way for the rest of the year, experts say. I need experts to explain why fees are strong, despite fears they would not be this year. Why were forecasts wrong? Are the six-month fee numbers an outlier? Or are they to remain strong going forward? Why or why not? All comments welcome.

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