The College for Financial Planning has just published its "2006 Survey of Trends in Financial Planning" that helps answer the questions as to who's pulling in the money, how much, and what kind of client produces that income. It makes for interesting reading.
For one, it reflects the fact that the primary methods of earnings are "fee and commission" (53 percent) and "fee only" (35 percent). In looking at such earnings, the reported median gross amount of planner earnings has changed from $200,000 in 2002 to $232,995 in 2006. In fact, the fees charged this year to prepare single focus and comprehensive plans remain fairly consistent when compared to those reported just last year.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access