Working with a fee basis asset manager versus a commission basis firm. Ours is a fee based firm.

Based on the value of an account, the fee-based asset manager shares an interest in the performance of your assets for the duration of the relationship. If the value of your portfolio rises or falls, the fee-based asset manager will experience an increase or decrease in fees collected, but also in the future value of the assets moving forward.

The motivation of each type of firm can be distinctly different. Here in this video we provide a greater explanation of these differences so that you can make an informed choice as to who manages your assets. Understanding the difference between fees and commissions in this respect, will help you to evaluate your options with another valuable piece of knowledge.