We Are Exuberantly Rational As you know, First Ascent provides portfolio management services to financial advisors for a flat fee of $500 regardless of account size. Recent discussions of different fee structures in the press present the issue as though there is a right and a wrong fee structure. Our adoption of flat fees does … Read More
Welcome to “The Summit,” the official First Ascent blog.
If you’re looking for ways to build your practice, investment insights, or advice on how to communicate more effectively with clients and potential clients, then you’ve come to the right place.
Fees are a primary consideration here at First Ascent. You’ve probably heard of our flat portfolio management fee, which is the first of its kind that we know of. Beyond that, we are always focused on managing the transaction costs and internal expenses of our portfolios. While we believe a penny saved is a penny … Read More
What do clients really need from you? Do they need your alpha potential, your superior stock-picking skills, or your heavy-lifting on fund strategies? Maybe. And certainly, no client is going to complain when you beat the market (as long as you can do it again). But there may be some things you can do for … Read More