Why You Must Raise Your Fees

The Magellan Network Podcast

Several weeks ago, I was in Scottsdale, AZ where I held a couple of mastermind sessions. There was one topic that came up that advisors had different opinions of - How much do advisors need to charge for things? For this episode, I want to share with you what I believe should be the basis of the fees you need to charge to your clients. I also discussed: - Why I think advisors undercharge for what they do - Why setting fees as an advisor has got nothing to do with the - market or industry standards - What prevents most advisors from raising their fees - How to get through relational insecurity - Why advisors should stop looking at what they do as a service - The 3 biggest stressors most human beings have. - An advisor’s fee structure is a by-product of these 3 things