Tag: alignment of interests

Question #4 - Service Models

Service Model 4) Describe your service model in terms of deliverables and the mechanism for delivery? As a fiduciary will want to know what to expect from your consultant, in terms of level and detail of reporting. Who will attend meetings to present reports and discuss results. You will want to ensure that the service model aligns with your requirements (i...

Question #3 - Fees

Fees 3) How is your firm compensated by your clients (all sources monetary or otherwise)? There are various ways a consulting firm can get paid (i.e. hourly fee, retainer, on a project basis, commissioned selling or directed trading commissions). You will also want to be able to monitor the total fees generated and ensure that they are appropriate based on...