Cody Lachner launched Next Adventure Financial, his Lafayette, Ind.-based registered investment advisory firm, about a year ago, determined to attract younger clients who don’t have a lot of assets but still need financial advice. To that end, he introduced a monthly $100 to $300 subscription fee covering continuing financial-planning work.
But that doesn’t mean he has given up charging some clients a fee that is an annual percentage of assets under management, or AUM. To the contrary, most of the 50 households he now serves…
