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.
LPL's CEO Pay Topped $14.5M in 2025
By Dinah Wisenberg BrinSteinmeier's compensation remains below the peer median and levels seen in the broader market, the broker-dealer says.
February 10, 2026
Judge Dismisses Class-Action Suit Over Vanguard's $100 Exit FeeThe federal court allowed the plaintiff to amend and refile the complaint against the investment giant.
February 06, 2026
Schwab Readies $5 Block-Trade FeeSchwab Advisor Services' per-account charge for certain trades, effective March 2, could affect advisors' bottom line.
January 23, 2026
Bill Seeks to Modernize Advisor Payment RulesThe Clarity for Compensation Act would "permanently allow commission payments to be made directly to advisors' business entities."
January 12, 2026
Edward Jones Meets Pledge to Expand Advisor Profit AwardsA regulatory filing shows the expanded limited partner strategy, announced in November, is now in effect.
January 09, 2026
BNY Pershing to Launch RIA Referral ProgramExecutive Ben Harrison says significant scale gives BNY Pershing a unique opportunity to match advisors and investors.
December 10, 2025
With Biden-Era Fiduciary Rule Dropped, What Comes Next?Labor said it intends to issue a revised standard around May, leaving many advisors unclear about compliance obligations.
December 10, 2025
Wealth Managers Add Services, and Fees, to Meet UHNW Demand: CerulliFirms are adding nontraditional offerings along with business and foundation planning, new research finds.