Question: Please review the question! Why is charging a fee as a percentage of investment assets a challenge when servicing a book of clients mostly composed

Please review the question! Why is charging a fee as a

Please review the question!

Why is charging a fee as a percentage of investment assets a challenge when servicing a book of clients mostly composed of retirees? Retirees have limited resources to pay such a fee. Reitired clients are more demanding than younger clients. Retiree portfolios shrink which reduces the asset levels on which fees are levied. Regulators do no permit charging a percentage of assets fee on retiree accounts

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