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.
7 Ways Citi Squeezed Millions of Credit Card Holders, According to the CFPB
By Ben StevermanCitigroup must pay $70 million in fines, and $700 million in relief to customers, for the way it ran its credit card business.
May 28, 2015
3 reasons to avoid an IRA rolloverAhead of the DOLs final fiduciary rulemaking, advisors need to brush up on when a rollover is not in a clients best interest.
May 26, 2015
3 Reasons to Avoid an IRA RolloverAdvisors need to brush up on the technical aspects of 401(k) rollovers, which are not always in clients' best interests.
May 04, 2015
UBS Rolls Out New Succession PlanUBS Americas has rolled out a new succession program for its advisors. The effort, which has a five-year timeline, is called the Aspiring Legacy Financial…
April 23, 2015
Advisors, Staffers Unhappy With Pay: FPA StudyOnly about a quarter of advisory firm employees are satisfied with their pay, and about a quarter plan to change jobs soon, the study found.
April 20, 2015
Schorsch Accused of $900M Fee-Driven SchemeBehind the accounting errors that knocked $4 billion off ARCPs market value was a hidden scheme, investors said in a lawsuit.
April 20, 2015
Morgan Stanley Tops Q1 Estimates; Wealth Unit Boosts ProfitsThe firm's advisor headcount fell below 16,000 advisors, but production rose to nearly $960,000.
April 15, 2015
BofA Misses Q1 Estimates; Wealth Profits Fall 11%Merrill Lynch boosts its advisor force and faces higher compensation and related costs.