NextWealth Financial Advice Business Benchmarks Report 2025 - Report - Page 22
NextWealth Financial Advice Business Benchmarks Report / October 2025
Figure 24: Respondents who rate their 昀椀rm’s data practices more highly, with a score of 8-10 (in orange), are more con昀椀dent in every single
factor Scores out of 5 for respondents who rate their data 1-7 & 8-10 out of 10.
Gap between data scores
+ 0.4
+ 0.5
+ 0.4
+ 0.3
+ 0.3
+ 0.4
+ 0.4
+ 0.4
+ 0.5
+ 0.3
+ 0.4
Q Con昀椀dence score by average across all three data satisfaction questions
The difference in con昀椀dence is most apparent when it comes to good use of technology and tools, and in the 昀椀rm’s ability to
attract new clients and generate asset growth for clients.
Fees & charges: pricing as strategy
Pricing is becoming a clearer expression of strategy. For
ongoing advice, percentage of assets remains the dominant
model, and the brief spike in alternative structures we saw
in 2024 has largely reverted toward 2023 patterns. Even so,
昀椀xed fees retain a meaningful presence: almost a quarter of
昀椀rms report using them.
Figure 25: % of assets-based charging remains dominant; 昀椀xed fees are here to stay
Q How often do you use the following fee structures within your 昀椀rm?
22
