The new European rules that will apply next year will affect asset managers. The bill that an analyst is going to write is a bit higher. Estimates are around $ 5,000 per hour.
The change is due to new rules from Brussels. The financial sector will have to carry out all the costs for customers clearly and sharply. The most often free services that analysts now are delivering within an existing contract with an asset manager is past times. Everything must be specified and billed. This also applies to smaller pension funds and mutual funds.