Transitioning to a Fee-Based Business Model


RUN YOUR PRACTICE MORE EFFICIENTLY

Change can be rewarding

Transitioning to a fee-based advisory model has the potential for increased revenues and greater personal satisfaction, but it will require time and significant changes in how you run your practice. Our resources will help you create an action plan to take your practice to the next level.

Use these materials to:

  • Create a comprehensive transition plan
  • Set minimums
  • Determine monthly and annual transition goals
  • Evaluate your current book
  • Identify best-suited clients
  • Market your new approach

Using a client advisory board may help you determine if certain changes to your practice make sense. Learn the steps to create an effective one by going to Creating a Client Advisory Board.
 


Transitioning to a Fee-Based Business Model

Offers vital information and a formal process for advisors looking to transition from a transaction-based to a fee-based advisory model.



Featured Resources

Presentation

Transitioning to a Fee Based Business Model Presentation

Outlines a ten-step process for creating a transition business plan, including suggestions on how to effectively communicate the change of clients.

Brochure

Transitioning to a Fee-Based Business Model

Offers vital information and a formal process for advisors looking to transition from a transaction-based to a fee-based advisory model.

  

DOL Fiduciary Rule

The DOL Fiduciary Rule may impact your practice and the way you interact with your clients. Leverage our tools and resources as you work through this change.


Related Resources

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