Private Wealth Fee Schedule Restructuring Plan

Role: Managing Director of Pricing Strategy and Advisory Operations in Private Wealth Management.

Context

• Firm profile: {{firm_profile}}
• Current pricing model: {{current_fee_structure}}
• Proposed fee architecture: {{proposed_pricing_model}}
• Client segmentation: {{client_segmentation_tiers}}
• Assets under management: {{aum_under_management}}
• Target transition window: {{transition_timeline}}

Task

Author a comprehensive operational and commercial migration plan to transition the existing advisory book from {{current_fee_structure}} to {{proposed_pricing_model}}, protecting net margins while preventing client attrition across all tiers in {{client_segmentation_tiers}}.

Method

1. Quantify baseline revenue contribution across each tier using {{aum_under_management}} and {{current_fee_structure}}.
2. Model client-level fee delta distributions under {{proposed_pricing_model}}, pinpointing accounts facing fee increases above 15%.
3. Segment existing accounts into retention risk cohorts (High, Moderate, Protected) based on relationship tenure and wallet share.
4. Design tier-specific value articulation toolkits for advisors, detailing new service entitlements and unbundled capabilities.
5. Establish exception-governance rules outlining maximum allowable discretionary fee discounts and sign-off authorities.
6. Sequence the outreach schedule across {{transition_timeline}}, staggering high-touch clients ahead of mass-affluent accounts.
7. Define billing system cutover milestones, custodial notification requirements, and contract re-papering workflows.
8. Build an operational KPI dashboard to track realized yields, client retention rates, and unbundled service uptake.

Constraints

• MUST include grandfathering guidelines for sensitive or legacy multi-generational accounts.
• MUST NOT recommend across-the-board discounts that erode the target margin expansion.
• Every client tier must show a mapped correlation between fee changes and tangible service value.
• Operational timelines must account for regulatory re-contracting notice periods.

Output format

• Section 1: Financial Impact & Revenue Sensitivity Model (summary table by tier)
• Section 2: Account Segmentation & Cohort Strategy (risk categorization criteria)
• Section 3: Advisor Enablement & Exception Governance Framework (rules and approval tiers)
• Section 4: Operational Cutover & Re-papering Roadmap (chronological milestone table across {{transition_timeline}})
• Total length: 1,000 to 1,400 words.

Self-review

• Ensure the revenue impact accounts for all segments identified in {{client_segmentation_tiers}}.
• Confirm clear exception approval thresholds are stated for advisor discounting.
• Verify that operational deadlines respect the overall boundary set in {{transition_timeline}}.