The article discusses the changing landscape of asset management and financial advisory services, focusing on the balance between innovation, such as AI, and the critical role of human expertise. It features insights from leaders at Stirlingshire, who advocate for a unique compensation structure where advisors retain all fees, mitigating costs for clients. Their 'advice on demand' model offers a blend of self-directed investing with professional guidance, addressing the preferences of next-gen clients while fostering personal relationships.
"Every single advisor keeps every penny that they generate in asset management fees and commissions, there's zero expenses to them whatsoever. And so that's how I began to think about it."
Stirlingshire is pioneering a third option between fully-managed portfolios and self-directed investing. Their 'advice on demand' model allows clients to self-direct at zero commission..."
Collection
[
|
...
]