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.
Compensation Capers, Part II
By Jack BoboIn my May 4 column, I wrote about the problems that often occur when adverse parties tinker with compensation plans.
April 22, 2009
House argues for improved 401(k) fee disclosureHouse Democrats held a hearing Wednesday to discuss legislation introduced this week that aims to improve 401(k) fee disclosure. The Health, Employment, Labor, and Pensions Subcommittee...
February 01, 2009
Renewed FocusWith the recent market turmoil in the financial sector and global stock markets, corporate-governance issues are front, right and center. This includes greater scrutiny...
January 29, 2009
Obama Signs Wage Discrimination BillPresident Obama has signed his first bill, the Lilly Ledbetter Fair Pay Act of 2009.
January 09, 2009
Lawmakers Attack Executive Comp MovesRep. Barney Frank has introduced a bailout program overhaul bill that could affect executive compensation arrangements at companies seeking government help.Frank, D-Mass., chairman of the ...
January 08, 2009
AIG Narrows Executive Plan Termination PayoutsAmerican International Group Inc. says it is changing the approach it will be using to shut down 14 elective deferred compensation programs.AIG, New York, will ...
January 01, 2009
Hoekstra Fills Slot Left by Weil; Exec Comp Plan RevisedUBS has confirmed that because of the U. S. federal grand jury indictment of former Global Wealth Management & Business Banking CEO Raoul Weil, it...
December 15, 2008
Surviving an auditDon't submit to an audit on the spot if it upsets essential client meetings. Don't try to anticipate what the auditor will focus on. Develop a compliance manual for your practice. Don't apply logic to SEC requirements. Assig