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.
Raymond James to Pay Fine in Oregon Over High Commissions
By John ManganaroThe penalties and restitution come after the firm agreed to a $13 million multi-state settlement last year.
January 11, 2024
Advisors Battle Morgan Stanley Over Deferred Comp 'Clawback'About a dozen former advisors say the firm improperly withheld deferred compensation in violation of ERISA.
January 09, 2024
Cambridge Launches New Fee-Only RIABridgePort Financial Solutions, led by Eddie Rollins, will acquire stakes in small and midsize firms.
January 08, 2024
Jamie Hopkins: What Does 'Going Independent' Even Mean Now?Many of the places advisors wanted to break away from have adjusted their models and modernized.
December 20, 2023
What Clients Should Do With Their Year-End Bonus: Advisors' AdviceFinancial professionals offer up a number of suggestions, from following the "rule of thirds" to going "YOLO."
December 15, 2023
CEO Exits, Layoffs Signal Private Equity's Growing Impact on Wealth ManagementSeveral big changes in leadership highlight how PE firms are making their presence felt beyond investment dollars.
December 14, 2023
Citigroup Offers Partial Early Bonuses to Encourage Staff DeparturesAlong with the bonus awards, employees who accept the offer could also keep all of their deferred stock awards.
December 14, 2023
UBS Intensifies Cash Clawback From Credit Suisse DefectorsThe bank's law firms are threatening legal action if the required amounts, estimated at under $750 million, aren't returned.