Fee Evolution: New Opportunities in the Wake of DBFO Reforms

The DBFO reforms in 2025 mark a significant shift in financial advice fee structures and collection methods. While average fees rose 4% to $4,744 in 2024, this was also the smallest increase in 7 years. While practices are leveraging new regulatory flexibility to streamline fee processes and improve efficiency through technology, there is also an opportunity to develop more client-centric fee models to improve profitability and sustainability of advice practices.

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