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.
Flat Fees vs. AUM Recap: The Good, the Bad and the Really?
By Bob ClarkRecapping the arguments for retainer fees or charging on an AUM business. What's best for clients, and advisors?
August 03, 2015
Fiduciary Best Practices, Part Deux: Bigger, Better, Maybe More Client-CenteredRecent activities in Congress and at the SEC to curtail a fiduciary standard for brokers indicate, at least to this writer, that any meaningful advances in investor protections will be driven by independent fiduciary advisors.
August 03, 2015
The End of the 401(k)?"Let's declare 2015 the year we officially recognize 401(k) plans as a failed experiment in retirement planning," Simply Money CEO Bachrach writes.
July 29, 2015
The Case for Charging Both AUM and Flat FeesRather than an either/or solution, Deborah Fox's "AUM plus fees for specific services" model provides value to clients while smoothing the advisory firm's revenue stream.
July 27, 2015
UBS Americas Cites Higher Regulatory Costs for Q2 Wealth Profit DropYearly fees and commissions per advisor top rivals at $1.12 million; average assets per rep stand at $150 million.
July 21, 2015
7 Ways Citi Squeezed Millions of Credit Card Holders, According to the CFPBCitigroup must pay $70 million in fines, and $700 million in relief to customers, for the way it ran its credit card business.
June 04, 2015
Your answer to the fees questionProspects challenging you on the fees you charge? Answer those questions with a value conversation.
June 01, 2015
Go Beyond Compensation to Keep Employees HappyThere are a lot of different kinds of financial advisors in America these days, and they all have very different business models.