How well does the Mastery Series™ work for advisors who do not work off fees?

Article ID: 102

Last updated: 20 Nov, 2019

During Commitment to Hire Conversation™, when they ask how much you charge, simply tell them that you do not charge a separate fee for the plan and that your annual fee of ____ % of their net worth or assets includes you creating their plan.

Also listed in

Commitment to Hire Conversation™

« Whenever I am interacting with my colleagues the conversation...

I feel like I have been doing all of the planning and goal... »

Others in this category

If I move to a flat fee for each client, won’t I lose the ability to increase my income each year in the future after ‘I’m Done”? Should I build something in for cost of living adjustments?

I do not have a securities license as of yet. I only have Life and Health at this time. How can I use the Values Conversation™ and the Financial Roadmap® with just having these licenses?

At the last Academy (January 2012 Academy 2), you mentioned that when someone asked us ‘What do you do, aren’t you a Financial Advisor?’, we should say ‘No.’ What do you say if you are still transitioning out of a position as a Financial Advisor- a role you plan on exiting at some stage?

Can you describe what a typical deliverables team looks like?

Is that flat Predictable Minimum Annual Recurring Revenue fee or % of net worth fee in addition to the 1% of AUM that I charge for their investments that we now manage?

» More articles