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.
Why You ‘May’ Be Headed for SEC Enforcement
By Lorna A. SchnaseAn SEC enforcement push involving a small wordmayhas already snared a half-dozen RIAs. Here's how to avoid the same fate.
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.
September 08, 2016
Wells Fargo Fined $185M for Opening Secret Unauthorized AccountsThe CFPB also ordered Wells Fargo to refund fees and charges that were paid because of these unauthorized accounts.
September 08, 2016
Betterment Study Urges Strong Oversight of Advisors Working With 401(k) PlansThe study, conducted by Forrester Consulting, recommends that employers demand more information on 401(k) fees and investment decisions from advisors.
August 31, 2016
Financial Advice and the Age of BSWhat is up with the continuing attacks on AUM compensation by the proponents of a flat earth, ah, I mean, flat fees?