# "If I see AUM, that's an immediate no for me. No other services charge that w...
Canonical: https://social-archive.org/richeddy/hZ0EsxxPdK
Original URL: https://x.com/AdvisorJobs/status/2106363134546219047
Author: Financial Advisor Recruiter
Platform: x
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"If I see AUM, that's an immediate no for me. No other services charge that way." I hear this argument every once in a while when people talk about financial advisor fees. But there are plenty of other industries that charge based on the value of the assets or transactions they manage. Property managers charge a percentage of rental income. Real estate agents charge a percentage of the sale price. M&A advisors charge a percentage of the transaction value. Investment managers charge a percentage of the assets they manage. It's not some foreign concept. I don't think the fee structure itself is the problem. The real question is what the client is getting in return for that fee.