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.
UBS Snatches $6B Wealth Team From Goldman
By Janet LevauxThe under-50 duo of Denis J. Cleary and Gregory M. Devine also have about $20 million in yearly fees and commissions.
February 06, 2020
Here's How RIAs and Their Staff Are Paid: Schwab StudySchwab took a look at how much of their revenue RIAs spent on compensation and how they spent it.
January 22, 2020
4 Reasons to Change Your Fee StructureIf you can communicate the true cost of your value, you should have little client pushback on fee changes.
December 26, 2019
DFA Cuts Management Fees on 77 FundsThe cuts, ranging from 1 to 8 basis points, take effect Feb. 28.
December 12, 2019
Wells Fargo Leaves Comp Grid Alone for 2020, Tweaks Payouts on Small AccountsIt's "notable" that Wells Fargo has left its grid intact as other wirehouses have made changes, recruiter Mark Elzweig says.
December 12, 2019
Stock Compensation: It's ComplicatedAn advisor well-versed in the ins and outs of equity compensation can be indispensable to wealthy executive clients.
November 13, 2019
Equity Plan Participants Need Your Advice: SchwabLess than half of these employees have sold any of their stock, and an overwhelming majority want more education, Schwab found.
October 21, 2019
SEC Issues FAQ on 12b-1 Fee Disclosure ObligationsThe FAQ is seen as a response to complaints on the SEC's Share Class Selection Disclosure Initiative.