RECURRENT INCOME MODEL
Wealth advisers using the iGP wrap account are
able to have perpetual recurrent income in the form of an annual wrap
fee from managing their clients' investment portfolio.
Benefits of Recurring Income
Stable & Increasing Recurrent Income
Recurring income from wrap and trailer fee provides a more stable
source of income, in contrast to 'One-off commission', which is
generated from each transaction (e.g. one time upfront fee).
Win-Win Situation for Clients & You
The amount of wrap fee chargeable is directly correlated to the
performance of the portfolio. Thus, it successfully aligns both the
client's and the adviser's interests to grow the portfolio.
As the wrap account offers free switching,
clients will be more willing to let you manage their portfolio
through regular rebalancing.
Build Your Assets Under Advice To A
Recurring Income model helps you build your business step by step.
The value of the business will grow with the strength of the
relationships with your clients and the size of your clients' assets
The higher the recurring income, the higher the
value of your business. As the value of your business grows to a
reasonable size, you will be able to sell or transfer your business
value to other wealth advisers when you retire.