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.
Exec bonuses under TARP take fire
By Arthur D. PostalA SIGTARP report criticizes the Treasury Department for failing to rein in excessive pay for top execs of bailed-out companies.
January 16, 2013
BNY Mellon Boosts Profits 23%: Q4 EarningsClearing fees at Pershing unit rise to $294 million in the period and nearly $1.2 billion for 2012
December 31, 2012
Back to basics: Best compliance practices for initial client meetingsYour actions in your first client meeting will set the stage for the success (or failure) of the ongoing relationship. If you handle them carefully, you’ll…
December 20, 2012
401(k) Fee Transparency: Best & Worst ProvidersDalbar and Research magazine conducted an in-depth study of the new ERISA 408(b)(2) disclosure rule, providing rankings in key categories of big providers.
December 19, 2012
FA Insight Finds Good News on Advisor PayOnly a minimal number of firms report any compensation decreases since 2010.
December 14, 2012
Wells Fargo Tweaks 2013 Comp Program for BrokersThe wirehouse broker-dealer adjusts one payout level and adds a bonus focused on client acquisitions.
December 06, 2012
Morgan Stanley Alters Advisor Comp Plan, Offering Discount Stock in 2013The bonus for total revenue in 2013 will be cut by 2% to cover compensation adjustments next year.
October 31, 2012
Barclays Eyed in Two New ProbesFresh from an FSA investigation into LIBOR rigging, Barclays is now the target of two more inquiries.