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.
First Ascent Drops Fees to $500 on All Accounts
By Danielle AndrusFirst Ascent will begin offering advisors who use its outsourced portfolio management strategies a flat fee of $500 per account, regardless of account size.
January 12, 2017
Wells Fargo Misses a Chance to Show OffThe banks CEO, Timothy Sloan, can dampen the effects of its mismanaged scandal by becoming a leader on employee compensation.
January 09, 2017
FHA to Cut Fees, Lowering Rates for First-Time Home BuyersThe change, which Trump could reverse when he takes office, reduces annual insurance premiums by 0.25%.
January 03, 2017
Active Investment Management Never Went AwayBut it was overwhelmed by passive investing because of its structural challenges: high costs, high turnover and management by committee.
November 23, 2016
Flat Fees: Not as New as You ThinkI know many advisors who instituted retainers but then switched back to an AUM compensation model; the benefit was to them and their clients.
November 22, 2016
Does Your Fee Schedule Need an Overhaul?Commissions? Fees? Retainers? Why there is no such thing as the perfect fee schedule.
October 31, 2016
Texas investment advisor suspended for overcharging clientsThe Texas State Securities Board suspended Jens Pinkernell and ordered him to repay almost $47,000 in overcharges.
October 31, 2016
Texas investment advisor suspended for overcharging clientsThe Texas State Securities Board suspended Jens Pinkernell and ordered him to repay almost $47,000 in overcharges.