Compensation and Fees
What leading financial advisors, experts and firms are saying about compensation and fees for registered representatives (both independent and employee) and registered investment advisors.
November 07, 2024
Morgan Stanley Dealt Blow in Deferred Comp Clawback LawsuitThe new ruling could spur hundreds more advisors to file claims against the wirehouse, the plaintiffs' lawyer says.
October 25, 2024
How High-Performing RIAs Are Growing Their Profits: FidelityTop firms are better at controlling expenses and offer smaller discounts, a new benchmarking study finds.
October 24, 2024
Adam Dell's Latest Offering: No AUM Fees, No Subscriptions, Just PlanningClients and CFPs alike benefit from Domain Money's setup, the serial founder and Goldman alum says.
October 24, 2024
Merrill Holds Advisor Pay Steady for 2025Changes made to the comp plan in 2024 were successful, advisor program head Tim Shook says.
October 23, 2024
Many Advisors Say They Do Comprehensive Planning. The Facts Suggest Otherwise.A new Cerulli research report shows big gaps between what advisors say they provide and what clients receive.
October 16, 2024
XYPN Unveils 'New Path to Independence' via Corporate RIA, With a TwistThe Sapphire offering differs from other corporate RIAs in key ways, co-founders Michael Kitces and Alan Moore say.
October 15, 2024
BofA-Merrill Nears $6T in Assets Across Banking, Wealth ManagementExecutives on a quarterly earnings call cited strong momentum across all three business lines.
October 09, 2024
Wall Street Salaries Fall Further From Pandemic HeightsThe 5.2% drop on the prior year was largely due to smaller bonuses, which were $176,500 on average.
October 02, 2024
How Private Equity Ownership Will and Won't Change AssetMarkTwo top executives from the firm offered ThinkAdvisor an inside look at AssetMark's growth strategy.
September 25, 2024
Envestnet Wins Shareholder Approval for Sale to Bain CapitalMore than 99% of the votes at a special shareholder meeting were cast in favor of the sale.