Episode Details
Back to Episodes
Why "AUM Fees are Bad" is a Marketing Ploy
Description
Scroll through any financial feed, and you'll eventually hit the same pitch: AUM (assets under management) fees are a ripoff, and only foolish high earners pay them. We think that framing bends the math to sell you something, so we’re breaking down why AUM fees have become the villain in personal finance marketing and giving you a real test for judging whether any advisor is worth the cost.
Key moments:
(03:56) Fees should be judged against service value
(14:43) Separating bad service from bad fee models
(17:23) Flat-fee comparisons can exaggerate AUM costs
(28:02) Busyness and inertia create financial planning mistakes
Resources mentioned:
Like the show? There are several ways you can help!
- Follow on Apple Podcasts, Spotify or Amazon Music
- Leave an honest review on Apple Podcasts
- Subscribe to the newsletter
- Join SLP Insiders for student loan loopholes, SLP app and member community
Feeling helpless when it comes to your student loans?
- Try our free student loan calculator
- Check out our refinancing bonuses we negotiated
- Book your custom student loan plan
- Get profession-specific financial planning
Do you have a question about student loans? Leave us a voicemail here or email us at help@studentloanplanner.com and we might feature it in an upcoming show!
Mentioned in this episode:
The SLP YouTube Channel
If you're more of a visual learner or you like seeing charts, breakdowns, and exploring other topics, check out https://youtube.com/studentloanplanner