
Major Investors Warn of Impending Market Correction Risk
Large investors are issuing warnings about a significant risk of a market correction, as high-flying stocks continue to perform strongly despite a gloomy bond market outlook.
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FirstFT: Big investors warn of market ‘correction’ risk
Also in today’s newsletter: Xi’s Putin comments and Israel’s land seizure
Read full article →The Rise of AUM Fees: Why the Next Market Correction Puts the Model at Risk
The percentage-of-assets fee is so embedded in advisory economics that most firms treat it as a fixed constant rather than a business decision. It shapes how you staff, how you plan, and how you define the relationship with clients. But the AUM model is neither as old nor as inevitable as it feels.
By John O’Connell
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