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.
DFA Announces More Fund Fee Cuts
By Bernice NapachThis will be the second management fee cut for most of the 33 funds within a year.
August 21, 2020
LPL Execs Urge Advisors to Charge for PlanningBy charging for planning, you can build and grow relationships and revenue, Andy Kalbaugh, a managing director at the BD, says.
August 19, 2020
8 Strategies for the Fee-Sensitive ProspectSome people like to haggle. Here's what to tell them.
May 18, 2020
Advisor Comp May See Big Change Due to COVID-19: Aite GroupThe shift will move from a focus on asset base to one that also includes services provided.
May 07, 2020
UBS Postpones Advisor Comp ChangesMeanwhile, its advisor headcount in the Americas is down 294 from last year and 44 from the prior quarter.
April 27, 2020
Put People First, Profits SecondThere are steps advisory firms can take now to ensure they have a future for their practices tomorrow.
April 23, 2020
Ex-BNY Mellon Exec Says He Was Illegally Fired for Reporting Legal Issue to In-House CounselJohn "Jack" Yang alleges that Alcentra gave him an unwarranted negative performance review and reduced his compensation.
April 16, 2020
Merrill Freezes Recruiting, Relaxes Performance HurdleSome 700 advisor trainees have been given temporary assignments elsewhere in the bank, an executive says.