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 Four Sources of My Income
By Mike PattonI'd like to begin this blog by recapping my progress to this point. My business income will come from four primary sources. First will be financial...
May 31, 2007
The Right Planning ToolsWell, everything should be in place to manage client assets very soon. I've chosen the RIA custodian, provided them with all of the necessary paperwork,...
May 01, 2007
Payouts Up, Fees Down at Commonwelth"This is the first year in which fees are exceeding commissions for us as a firm," says Wayne Bloom of Commonwealth Financial network. As a...
May 01, 2007
Smith Barney Shares More Details on New Comp PlanSmith Barney has been tweaking its new compensation plan a bit, since rolling it out in December 2006. "It's generally been well received, says Kevin...
April 30, 2007
Coming Together to Solve the Compensation IssueHi, and welcome to The Fast Track, a weekly posting of my thoughts and rantings on issues related to how established advisors can grow their...
March 11, 2007
Improving 401(k) Fee Disclosure On Fast TrackThe Department of Labor making swift improvements in regulations dealing with disclosure of the cost of managing 401(k) and other defined contribution accounts to plan ...
March 01, 2007
401(k) Plans' Dirty Little SecretAmong the 50 largest providers of 401(k) plans, approximately one third are insurance companies. These firms, and the salespeople that represent them, have mastered the...