Inertia is an unbelievably powerful force but I still believe strongly that the asset management industry will go through a transformative period
of fee compression and massive consolidation.
Not exact matches
«Effectively, the rules may encourage some brokers to adopt advice - for -
fee models for their advisors as a means
of compensating them for the
compression (or elimination)
of their commissions.»
With investors continuing to pull money out
of its funds, Franklin is going to face some very challenging times, no matter what the market does, if only because the industry's race to the bottom on
fees will mean ongoing margin
compression.
The Dodd - Frank appraisal standards were created to address the
fee compression that is said to have resulted from the Home Valuation Code
of Conduct, which took effect in 2009 and barred loan officers and brokers from selecting appraisers.