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.
It’s time to reboot 408(b)(2)
By Chris CarosaIts not that the 401(k) fee disclosure rule is a bad rule, it just needs a little simplicity.
July 17, 2013
BofA Boosts Profits 63% as Merrill Advisors Top $1M in ProductionAs the bank cut costs, its wealth management unit improved net income 38% to $758 million.
July 15, 2013
The Strange Case of CFP Board’s Alan GoldfarbAfter a sudden resignation last fall, Alan Goldfarb has been found to have violated the CFP Board's Rules of Conduct. Yet the details of the case suggest that the matter was not as clear as the initially reported findings suggested.
July 01, 2013
Follow the Money in Succession PlanningYou might think that financial advisors are financially savvy, and when it comes to personal finance, they usually are.
June 25, 2013
Excessive fee case settles for $35 millionThe plaintiffs alleged that CIGNA operated the 401(k) plan not in the best interests of employees, but for the benefit of CIGNAs bottom line.
June 25, 2013
Excessive fee case settles for $35 millionThe plaintiffs alleged that CIGNA operated the 401(k) plan not in the best interests of employees, but for the benefit of CIGNAs bottom line.
June 19, 2013
Why I Feel Torn Over the CFP Board's Treatment of GoldfarbNow that the CFP Board has released details about its actions against former Chairman Alan Goldfarb, I better understand its reasoning. In this case, though, should justice have been tempered with mercy?
June 18, 2013
AdvisorOne’s Best Comments: Goldfarb, Fiduciary, ReferralsOur regular collection of some of the most recentand most thought-provokingcomments made by readers on AdvisorOne.