Retainer vs Fee vs Commisions
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Nov 23, 2010 5:36 am
Do you think you could get any mileage offering to handle all the assets for an annual $2,000 or $3,000 "retainer".
In practise, you isolate $200,000 at 1% and charge nil on the rest.
You promise to provide huge fee savings and take it from there.
Is your broker charging fees on all cash, bonds, every penny, We charge a retainer...
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Why should you manage 2 million for 2k? Why would someone who has 2 million mind paying more? They probably want better and more personal service.