The RIA industry is moving toward the fee-only, fiduciary model. More and more, advisors are committed to acting in the best interest of the client, putting consumer value and transparency at the top of their product evaluation criteria. Consumer value and client’s best interest can take many forms and advisors can weight their importance differently :
- Investment selection
- Ease of use
While product design alone does not always mean success in the RIA and fee-based advisor channel, it is very important. Success will be determined by commitment to holistic business approach and the RIA opportunity. However, getting the product and its value proposition right the first time is vital.
Designing the right product for a world that is increasingly consumer value driven is critical. DPL Financial Partners can help guide you.
Actuarial services available through our partners at Montshire Advisors.