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.
3 reasons to avoid an IRA rollover
By Danielle AndrusAhead of the DOLs final fiduciary rulemaking, advisors need to brush up on when a rollover is not in a clients best interest.
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.
April 14, 2015
NYC pensions and Wall Street: Another house of cardsNews of astronomical fees for miniscule returns are certain to derail industry lobbying efforts. Was that the point all along?
April 14, 2015
What went wrong with 401(k) fee disclosure?A funny thing happened on the way to transparency. Its called apathy.
April 14, 2015
What went wrong with 401(k) fee disclosure?A funny thing happened on the way to transparency. Its called apathy.