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.
Schwab Provides Pandemic Pay Raise, Delays Office Return
By Jeff BermanThe firm is giving most employees a 5% raise in recognition of their service to clients and each other during the pandemic, it says.
July 22, 2021
Is It Time to Switch to Fixed-Fee Retainers?The fixed-fee retainer model now has higher client retention rates than the asset-based fee model, our research finds.
July 21, 2021
Fidelity Launches New Equity Management Solution for Private CompaniesThe company has teamed with Shoobx, a capitalization table management provider, on the initiative.
June 25, 2021
How to Avoid Staff Turnover HeadachesHiring the wrong person for an undefined job can only lead to failure, for both employee and employers.
May 27, 2021
Is It Time to Disrupt Your Fee Model?It's worthwhile to look at how running your advisory business changes, depending on your fee model.
May 26, 2021
3 Ways New Regulations Are Choking BDsMany BDs are rethinking practices around fees and commissions thanks to Reg BI; meanwhile, FINRA demands seem "endless."
May 25, 2021
It's an Advisor's World as BD, RIA Options MultiplyHere's what advisors are demanding from broker-dealers and other industry players now, according to recruiters Louis and Mindy Diamond.
May 06, 2021
15 Best-Paying Metro Areas for Financial AdvisorsSmartAsset ranked the 50 biggest metro areas and found big differences even among large cities.