DiscoverSecrets of Successful Advisors℠ with Ken HamanThe Problem with Discounting: It's Not Them...It's Us!
The Problem with Discounting:  It's Not Them...It's Us!

The Problem with Discounting: It's Not Them...It's Us!

Update: 2025-04-04
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Description

Many advisors feel a compelling need to discount their fees in order to seal
the deal with a new client. As a result, average fees across the industry
have been steadily dropping for years. In this fast paced episode, Scott and
Ken look at the psychological dynamics that cause advisors to automatically
assume they need to discount their fees, and then explore what they can do
differently in the first few meetings that will support charging a premium
fee for premium services.


Also in this episode, the AllianceBernstein Digital Coach – see practice
management solutions for advisor success: abfunds.com/go/digitalcoach


DISCLAIMER


Note to All Readers: The information contained here reflects the views of
AllianceBernstein L.P. or its affiliates and sources it believes are reliable as
of the date of this podcast. AllianceBernstein L.P. makes no representations
or warranties concerning the accuracy of any data. There is no guarantee
that any projection, forecast or opinion in this material will be realized. Past
performance does not guarantee future results. The views expressed here
may change at any time after the date of this podcast. This podcast is for
informational purposes only and does not constitute investment advice.
AllianceBernstein L.P. does not provide tax, legal or accounting advice. It
does not take an investor's personal investment objectives or financial
situation into account; investors should discuss their individual
circumstances with appropriate professionals before making any decisions.
This information should not be construed as sales or marketing material or
an offer or solicitation for the purchase or sale of any financial instrument,
product or service sponsored by AllianceBernstein or its affiliates.

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Buying Dangers

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The Problem with Discounting:  It's Not Them...It's Us!

The Problem with Discounting: It's Not Them...It's Us!