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← Lesson
Personal Finance / CFP: The Money: Salary Progression and Is It Worth It?
Question 1 of 7
Multiple choice
How does the AUM fee model create scalable income for a financial planner?
Planners charge more per hour as they gain experience
At a fixed percentage, more billable assets generate more gross revenue, though workload and expenses may also change
Banks pay planners more as they age
AUM fees are regulated to increase annually
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