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.
SEC Warns Investors on Performance Claims
By Melanie WaddellThe commission tells investors to make sure they understand how performance claims are calculated and presented.
September 09, 2022
SEC 12b-1 Fee, Custody Rules Likely Out by Year-EndBoth rules "are currently in the works," says compliance consultant Amy Lynch.
September 08, 2022
SEC Strikes Again on 12b-1 Fees, Fining Another RIAAventura Capital Management must pay more than $900,000 for 12b-1 fee and revenue sharing infractions.
September 08, 2022
How RIA Culture Is Shifting, in 7 ChartsLarge firms have taken particularly big hits to culture and employee retention in the past two years, DeVoe & Co. finds.
August 31, 2022
6 Tips for Advisors When Talking Fees With ClientsAdvisors often make the fee conversation more awkward and complicated than it should be, Kitces and others say.
August 09, 2022
Kitces: Why Advisors Must Specialize NowThe average annual income of a traditional financial advisor is 12% less than a niche advisor's, he says,
August 04, 2022
Wall Street Bonuses Poised to PlungeIndividuals working in wealth management could see a 15% drop and asset managers a 20% decline, according to Johnson Associates.
August 01, 2022
Worker Classification for Independent Financial Professionals: Big Changes Ahead?The Labor Department plans to propose new rules on independent contractors that might affect advisors.