AUM-Fee Capture
This article is a placeholder. Only its topic and title are committed at this stage; the substantive body will be drafted in a future cycle of the engine.
The structural conflict that arises when the family’s primary advisor is paid as a percentage of assets under management — creating an incentive to grow AUM rather than to recommend impact-first deployments, philanthropic distributions, or even appropriate cash holdings. The entry covers fee-model alternatives (flat-fee, fixed retainer, hybrid) and the diligence questions to ask current advisors.