I’m joined once again by Dan Haylett, a Life Centered Financial Planner at TFP Financial Planning in the UK. Dan was first on episode 52 where we took a deep dive into how TFP has structured their fees and service offerings, moving from traditional percentage charges to flat fees.

In this episode, Dan shares how they took clients on the journey to the new fee and service models, including the conversations with clients where fees both went up and went down and advice for those looking to make a similar transition in their business.

Dan also gives us a full look into the financial coaching program he’s just launched to provide accessible and affordable coaching to all. And in true, transparent Dan style, he walks us through exactly what it looks like, timelines and cost, providing a great model for other advisers to adopt.

Finally, we chat about the ridiculous concept of retirement in its current form and why we need to change the conversations with clients around retirement.

Links, show notes and full transcript at https://innovatingadvice.com/post/episode61.

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Fees and Services: From Traditional AUM to Flat Fees, Part II with Dan Haylett [Ep61] 42:14 Share

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Fees and Services: From Traditional AUM to Flat Fees, Part II with Dan Haylett [Ep61]