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.
Wells Fargo Misses a Chance to Show Off
By Kara AlaimoThe banks CEO, Timothy Sloan, can dampen the effects of its mismanaged scandal by becoming a leader on employee compensation.
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.
October 28, 2016
The BICE Is Not a DOL Fiduciary Get-Out-of-Jail-Free CardUnderstand when you must use the best interest contract exemption under the DOL fiduciary rule that means even you, fiduciary advisors!
October 26, 2016
8 Questions to Help Advisors Comply With DOL’s Other New RuleLabors White Collar Exemption Rule, which changes the rules on which employees get overtime pay, has a deadline of this Dec. 1.
October 26, 2016
Errors of Commission: AUM Fees Are Better BusinessBroker-dealers' decisions to stop offering commission products in retirement accounts reopens the fees-versus-commissions debate.