Question by Sports Maven: After 20 years, why doesn't the financial service industry model of commission not work anymore?
Does equity mean anything when you sell you business?
Answer
Answer by Diane WI believe that it is because so many more people have become savvy about investing and are wanting to pay smaller fees to make those investments. The easiest way for companies to cut fees is by changing from paying their financial advisors a percentage of the investment to paying
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