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.
AIG Rules Out 2008 Management Bonus
By Daniel HaysAmerican International Group Inc. has set Edward Liddy's salary at $1, eliminated 2008 annual bonuses for top company executives, and restricted the top executives' 2009 ...
October 01, 2008
Playing FairWhen it comes to negotiating compensation for yourself, you should propose a fair compensation package. In using that phrase, I'm not talking about those "fair...
October 01, 2008
Know ThyselfI get a lot of e-mails and chat room inquiries (the preferred mode of communication of my generation) from NexGen advisors asking how much they...
September 19, 2008
Panel Schedules AIG HearingThe House Oversight Committee plans to meet Oct. 7 to review the "regulatory mistakes and financial excesses" that led to the current problems at American ...
September 18, 2008
Panel Schedules AIG HearingThe House Oversight Committee plans to meet Oct. 7 to review the "regulatory mistakes and financial excesses" that led to the current problems at American ...
September 11, 2008
Consumer Reps Work On NAIC Conflict StatementBirny Birnbaum has come up with a list of sample situations that could help National Association of Insurance Commissioners consumer representatives avoid potential conflicts of ...
September 01, 2008
Tech Trouble, Ops IssuesWhich areas of operations and technology are most challenging for your firm? That was the main question The Collaborative and Advisor Perspectives asked in a...
August 28, 2008
Fees Top Reason Plan Sponsors Switch ProvidersFees have become the top reason retirement plan sponsors switch providers, outpacing poor service, according to a new Spectrem Group report. Nearly one-third (30%) of plan sponsors cited cost/fees as the primary factor precipitating a change in plan providers, according to the report, "DC Market Needs."