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.
Edward Jones Plans Pay Equity Studies, $150M in Donations
By Michael S. FischerThe firm's initiatives include an anticipated $150 million in philanthropic contributions in the U.S. and Canada in the next five years.
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.
July 21, 2021
Fidelity Launches New Equity Management Solution for Private CompaniesThe company has teamed with Shoobx, a capitalization table management provider, on the initiative.
June 25, 2021
How to Avoid Staff Turnover HeadachesHiring the wrong person for an undefined job can only lead to failure, for both employee and employers.