In this video, Sonnie Bailey explains why he has chosen for Fairhaven Wealth to charge fixed fees, as opposed to other forms of remuneration - notably, asset-based fees. Sonnie explains why he believes fixed fees are more transparent, fairer, and better align his interests with the interests of his clients.
For more information about Fairhaven Wealth, check out www.fairhavenwealth.co.nz. Sonnie also runs the NZ Wealth & Risk blog: www.wealthandrisk.nz.