Q108 - Difference Between Reoccurring Revenue & Fee Based Revenue?

"Fee-based" revenue is often "reoccurring" revenue..........but "reoccurring" revenue is not necessarily "fee-based" revenue.Confused yet?Often incorrectly used interchangeably, these two phrases can mean entirely different things.Depending on the profile of your practice, it's a difference that could determine whether your practice is a fit for the RIA model….or not!In this episode of the Transition To RIA question & answer series I explain how these two variables differ, and what it could mean for your practice.Come take a listen!P.S. Prefer video? You can find this entire series in video format on Youtube. Search for the TRANSITION TO RIA channel.Show notes: https://TransitionToRIA.com/what-is-the-difference-between-reoccurring-revenue-fee-based-revenue/About Host: Brad Wales is the founder of Transition To RIA, where he helps financial advisors understand everything there is to know about WHY and HOW to transition their practice to the Registered Investment Advisor (RIA) model. Brad has 20+ years of industry experience, including direct RIA related roles in Compliance, Finance and Business Development. He has an MBA and has held the 4, 7, 24, 63 & 65 licenses. The Transition To RIA website (TransitionToRIA.com) has a large catalog of free videos, articles, whitepapers, as well as other resources to help advisors understand the RIA model and how it would apply to their unique circumstances.