Charles Schwab is set to reimplement platform fees next year, following moves by Fidelity and others in the industry. This could pressure small and new asset managers to stand out. Schwab acknowledges the changing ETF landscape and plans to align issuer fees with client interests.

As the industry sees a shift towards platform fees, asset managers recognize the need for distribution payments. This may disrupt the trend of ever-lower fees, impacting smaller firms disproportionately. The move towards transparency in fees is seen as positive by some, despite the potential slowing of fee decreases across the industry.

Read more at Yahoo Finance: Schwab Plans to Charge for Shelf Space Next Year. It Could Hit Small Issuers Hardest