You Get What You Pay For

An article by Asher Hawkins in the August 24 issue of Forbes cites some interesting stats from FINRA, Cerulli Associates and Prince & Associates.

85 Number of financial planner “certifications.”
17% Share of advisors paid by sales commissions.
21% Share of advisors paid by client fees.
63% Share of investors with $1 million-plus planning to move some money from
current advisor.

That last stat could mean boom or bust for some investment advisors.

By most indications bank trust departments and wealth management groups have a great opportunity to be on the receiving end of the “money in motion.” Merrill Anderson can help you quickly rev up your marketing and sales efforts to take advantage of the
opportunity.