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.
‘You Should Be Fired’: Sen. Warren Rips Wells Fargo CEO
By Melanie WaddellAt best you were incompetent, at worst you were complicit, Warren said to CEO Timothy Sloan, who was testifying before the Senate.
August 07, 2017
Wells Fargo's Whistleblower Problem Could Grow SubstantiallyThe fallout from the fake-accounts scandal continues to spread.
August 03, 2017
3 Things to Avoid in Salary SurveysStructuring the compensation strategy for your financial planning firm is one of the most vital areas for firm owners to address.
July 31, 2017
BDs Address Fiduciary Rule, Growth ChallengesThere was not a slowdown in news at major broker-dealers this summer.
July 11, 2017
How to Prove Your Compensation Is ReasonableFor the most part, it is advisors themselves that make their compensation appear excessive. But these failures can be corrected at virtually no cost.
July 11, 2017
Raymond James Trims Comp Grid for Employee RepsThe cuts will range from 1% to 4% depending on production of reps.
June 30, 2017
Advisor Business Growth Faltering: McKinsey ReportMcKinsey/PriceMetrix finds that financial advisors are not adding clients at the rate they should be.
June 29, 2017
In Fiduciary Rule, How Do You Define ‘Reasonable’ Compensation?Since June 9, advisors have been bound by the rules impartial conduct standard, but defining the concept of reasonable compensation can be tricky.