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.
Woman Scammed on Dating Site Sues VC Principals
By Elizabeth FestaThey trolled a millionaire dating site to defraud wealthy women, a California lawsuit claims.
April 05, 2019
Galvin Seeks Feedback on Fee Table for Advisors in MassachusettsOne advisor said the plan sounded like "overkill."
March 04, 2019
Fidelity Faces State Inquiry Over Fees Charged for 401(k) PlansThese are the same fees that, according to a Wall Street Journal story, the Labor Department is investigating.
February 25, 2019
Beware of Hidden Costs in M&A DealsM&A comes with fees, but then there are the hidden fees advisors should be aware of before starting the process.
February 20, 2019
SoFi Now Offering No-Fee Brokerage for Stock and ETF TradesBut an analyst of robo-advisors questions whether the no-fee model is sustainable.
February 11, 2019
Secrets From the Medicare Advantage Producer Comp SpreadsheetsThe average high compensation level for new sales has increased to $453.
February 01, 2019
CEO-Worker Pay Gap Is an Underrated Risk to StocksAbout 10% of Russell 1000 companies pay a median compensation below the federal poverty line.
December 28, 2018
Wells Fargo Agrees to $575M Settlement Over Sales PracticesThe bank opened more than 3.5 million unauthorized accounts and improperly enrolled 528,000 customers in online bill pay, according to the California Attorney General.