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.
The BICE Is Not a DOL Fiduciary Get-Out-of-Jail-Free Card
By Mark B. KleinUnderstand when you must use the best interest contract exemption under the DOL fiduciary rule that means even you, fiduciary advisors!
October 13, 2016
Why You ‘May’ Be Headed for SEC EnforcementAn SEC enforcement push involving a small wordmayhas already snared a half-dozen RIAs. Here's how to avoid the same fate.
September 28, 2016
Wells Fargo’s CEO Forfeits $41 Million in Fight to Keep JobThe clawback marks the biggest forfeiture of compensation from a major U.S. bank chief since at least the 2008 financial crisis.
September 27, 2016
Advisors Can Define the New Fiduciary Advisor/Client-Centric ParadigmFive reasons advisors will value Best Practices and join the Institute for the Fiduciary Standard's Registry of Fiduciary Advisors.
September 26, 2016
Harvard Does a Trade You Should Never MakeIt looks like Harvard Management Co. may have sacrificed billions of dollars in investment returns by hiring less-capable asset managers.
September 20, 2016
Senators Grill Wells Fargo CEO Over Sales PracticesThe Senate banking committee condemned Wells Fargo CEO John Stumpf on Tuesday for the bank's failure to prevent abusive sales tactics.
September 14, 2016
How Financial Advisors Are Like Pablo PicassoRon Rhoades recounts a Pablo Picasso story to show the value of financial advice.
September 14, 2016
PIMCO Accuses Bill Gross of Leaking Confidential Bonus RecordsPIMCO escalated its court battle with Bill Gross by claiming he may have destroyed documents and leaked confidential pay information to the media.