State regulators probe whether investors get money’s worth from subscription fees
State regulators have been expressing concern that new fee structures sometimes don’t align with services provided. The issue will continue to be a priority this year.
February 23, 2021 3 MINS
As the ways that investment advisers charge for their services proliferate, state securities regulators are continuing to probe whether investors are getting enough bang for their advice buck.
Over the last several years, so-called subscription fees such as charging a client a monthly retainer fee as well as hourly fees have become increasingly popular as an alternative to the traditional fee based on assets under management.