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.
4 SEC Hot Buttons Advisors Should Address Immediately
By Thomas D. GiachettiThe agency is in a prickly mood, and may compel advisors to reimburse clients if certain disclosures aren't met.
September 15, 2021
Quarter of RIAs Now Charge Flat Fees: StudyIn a survey Advyzon also asked advisors how they preferred to bill their clients.
September 02, 2021
Inflation Fears, Labor Woes Dim Execs' Optimism: SurveyAICPA found that 77% of executives surveyed are particularly concerned about raw material and labor costs.
August 27, 2021
Advisory Firm to Pay Nearly $2M to SEC Over 12b-1 Fees, Revenue SharingThe firm's mutual fund share class selection practices resulted in an unaffiliated BD receiving three types of fees.
August 20, 2021
Schwab Provides Pandemic Pay Raise, Delays Office ReturnThe firm is giving most employees a 5% raise in recognition of their service to clients and each other during the pandemic, it says.
August 18, 2021
Retirement Bill Is 'Fatally Flawed,' Kitces' XY Planning Tells LawmakersThe Retirement Security and Savings Act would allow steering of plan participants into higher-cost proprietary investments, Kitces said.
July 28, 2021
Most Investors Don't Fully Understand FeesMany investors do not fully understand management costs and advisory fees, according to a study by State Street Global Advisors.
July 22, 2021
Is It Time to Switch to Fixed-Fee Retainers?The fixed-fee retainer model now has higher client retention rates than the asset-based fee model, our research finds.