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.
The Dangling Conversation
By Mark TibergienEmployees tend to view the amount they are paid as a statement about their value to the organization, rather than a reflection of the firms financial situation.
January 27, 2012
Report: U.S. May Never Get Back its Investment in AIGA new report by a federal watchdog agency questions whether the U.S. government will be able to recover over the short termif everthe investment it has made in American International Group after it got into financial trouble in 2008.
January 26, 2012
Study Reveals Wide Range of 401(k) Plan Fees (Society for Human Resource Management)As the DOL's fee disclosure regulations take effect early this year, it's becoming increasingly important that 401(k) managers understand where their fees rank and if they're reasonable.
December 22, 2011
Bank of America in $335 Million Settlement Over Countrywide LoansThe DOJ says it's the largest settlement in history over residential fair lending practices.
December 22, 2011
UBS Lifts $800M Merrill Team, $375M Morgan Stanley GroupBob McCann continues to work his recruiting magic as head of the Swiss-based banks U.S. unit.
December 01, 2011
Lifting the Lid on 401(k) Fees (CFO)401(k) plans are about to become a whole lot more transparent. Starting next year, the Department of Labor will require sponsors to disclose specific plan fees and investment information in an easy-to-read format showing exactly what each participant paid for their plan in the previous quarter, and who the money...
November 23, 2011
Recruiting Wars for Teams Heat UpRecruiters say the departure of Harvey Kadden and his colleagues from Merrill should send a strong warning to Bank of America-Merrill Lynch either improve the relationship between the bank management and FAs or watch more wealth managers depart.
November 03, 2011
Top 8 Most Overpaid CEOs of Public Companies (AdvisorOne)How much do successful CEOs really make? Among the top 100, some of the highest salaries are surprising, considering their companies' profit over the past 12 months, as defined by stock price performance.