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.
Massachusetts Charges Advisor, Fines Stifel Over Fee Arrangement
By Marlene SatterThe advisor is accused of overcharging clients and failing to tell them about his arrangement with Stifel.
November 28, 2018
Are You Negotiating Against Yourself?It's critical to understand the cost/price/value elements of your pricing strategy before giving clients wholesale reductions in fees.
November 27, 2018
How Dan Arnold Is Driving Change at LPLLPL appears to have had a "come to Jesus" moment of self-reflection, as it grapples with some long-standing issues voiced by advisors.
November 02, 2018
New Carrots, Sticks in Merrill's 2019 Comp PlanMerrill will institute a noncompensable policy, which executives say is "in line with many of our peers."
October 31, 2018
SEC Highlights Top Advisor No-Nos Related to Cash Solicitation RuleThe agency's exam division cites four of the most common compliance deficiencies related to the rule.
October 24, 2018
Clients Less Fee-Sensitive Than Many Advisors Think: CerulliWhile conveying your value to clients and prospects is crucial, fees are rarely their primary concern, Cerulli finds.
September 25, 2018
DOL Rule Is Dead, but Clean Shares Will Live On: CerulliClean shares make mutual funds more competitive with ETFs, Cerulli says.
July 30, 2018
Details Emerge on Troubles at Wells Fargo Wealth UnitTwo whistleblower letters cited sales goals that led employees to push products with more fees, The Wall Street Journal reported.