If you were to survey 100 financial advisory firms, the vast majority would tell you they tailor their services to individual client needs. But it’s rare to find a firm that takes it as far as Schaefer Financial Management. In fact, if you ask.

A version of this article appeared in Advisor Perspectives on November 9, 2021.

A version of this article appeared in Financial Planning on November 11, 2021.

Prepare for billing 1.Check billing settingsGo to Billing Center, select Settings and Assignments, then select Settings to review your firm’s fee settings. Make updates as needed.

When two financial advisors meet for the first time, one of the first questions tends to be: “What’s your AUM?”