Fee-Based Platform Questions to Consider

Regardless of which platform you choose, there are several questions you may wish to consider. Because of the wide range of fee-based programs available, you’ll have to make some important decisions regarding what type of account(s) you’ll want to set up.

  • Will I personally manage the fee-based business?
  • Will my client, with my assistance, manage the account?
  • Will my client and I rely upon a third-party professional manager?
  • What products will fund the portfolios?
  • Do I personally wish to be an asset manager or an asset gatherer?
  • Do I need "discretion?"
  • Which clearing platform offers the best program(s) for my needs and the needs of my clients?

Summit will consult you in finding the best fee-based option for your practice.