SEC Issues Guidance for Robo-Advisors, Investors
February 24, 2017 | ThinkAdvisor
Robos are fiduciaries under the Advisers Act, SEC says.
News
A selection of company announcements and recent articles about First Ascent.
First Ascent Drops Fees to $500 on All Accounts
February 23, 2017 | ThinkAdvisor
Asset manager trades fee caps for flat fees on all accounts.
Discount pricing could lure more RIAs to outsource asset management
February 23, 2017 | Investment News
First Ascent Asset Management, which is billing itself as the first flat-fee asset manager, charges just $500 per adviser client.
Portfolio Strategist Introduces Flat Fee for All Accounts
February 22, 2017 | WealthManagement.com
Scott MacKillop’s First Ascent will charge $500 per account, no matter what size.
First Ascent Rolls Out Asset Management Industry’s First Flat-Fee Pricing for Financial Advisors
February 22, 2017 | Press Release
$500 fee shatters pricing paradigm, keeps value proposition.
February 2, 2017 | Investment Advisor
Advisors need to embrace change and be ready to evolve.
First Ascent Position Paper Explores Robo Advice Regulatory Issues
December 14, 2016 | Press Release
Paper proposes ways to regulate robos while allowing them to bring innovation to investment advice.
Is Regulation Driving Innovation in 401(k) Fee Models?
November 7, 2016 | 401(k) Specialist
Far from pricing smaller investors out, it could actually help.
First Ascent’s Householding Policy Makes Flat-Fee Asset Management A Reality
November 2, 2016 | Press Release
The householding policy continues First Ascent’s “road-less-traveled” effort to jettison the industry’s traditional pricing model.
Educated Investors Make Better, Happier Clients
October 6, 2016 | Financial Advisor IQ
Highlighting the importance of education in the Advisor-Investor relationship.
Scott MacKillop Battles the Robots
October 3, 2016 | WealthManagement.com
First Ascent is appealing to advisors looking to compete with algorithmic upstarts.
Denver Asset Manager Promotes Flat-Fee Money Management
September 16, 2016 | Denver Business Journal
Denver startup challenges traditional AUM fee structure.
If You Can Commoditize Asset Management, Will Advisors Be Next?
September 9, 2016 | ThinkAdvisor
First Ascent’s fee structure could be a game-changer for TAMPs.
Podcast: How a startup investment firm is blowing up the AUM pricing model
September 6, 2016 | Belay Advisor
Up until now, the AUM model has worked fine for financial advisors and clients. Will it continue?
Digital advice is lowering costs for clients. Why not for advisers too?
August 10, 2016 | Financial Planning
The industry must change its pricing or disappear.
Events
Here are events we will be attending in the near future. Hope to see you there.