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.
SEC Strikes Again on 12b-1 Fees, Fining Another RIA
By Melanie WaddellAventura Capital Management must pay more than $900,000 for 12b-1 fee and revenue sharing infractions.
August 09, 2022
Kitces: Why Advisors Must Specialize NowThe average annual income of a traditional financial advisor is 12% less than a niche advisor's, he says,
August 04, 2022
Wall Street Bonuses Poised to PlungeIndividuals working in wealth management could see a 15% drop and asset managers a 20% decline, according to Johnson Associates.
August 01, 2022
Worker Classification for Independent Financial Professionals: Big Changes Ahead?The Labor Department plans to propose new rules on independent contractors that might affect advisors.
July 22, 2022
4 Reasons to Fight for Financial Planners' Legal RecognitionThis push may involve lots of resources and many years of planning and effort, but the FPA is ready to lead it.
June 23, 2022
In Today's Tight Job Market, It Pays to Review CompensationHere are the pros and cons of some salary and benefit structures that are common in the advisory business.
June 21, 2022
Which Firms Are Really Driven by Financial Planning?While financial plan-driven investing has grown dramatically, it's not as widely practiced as you may think.
June 02, 2022
Kitces: To Serve Clients More Efficiently, Think Beyond the ObviousIf you think your only options for meeting special client needs are to say yes or no, keep thinking, Kitces says.