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.
How Well-Being Drives a Future Financial Planner
By Caleb BrownThe winner of our 2020 New Planner Recruiting Tuition Reimbursement Scholarship is an example of where our industry is headed.
March 19, 2021
Delegate the Jobs You Hate, Execs Tell AdvisorsAnd if you'd rather focus on client service instead of dealmaking, "That's perfectly OK," says Penny Phillips of Journey Strategic Wealth.
March 19, 2021
AUM, Hourly or Retainer Fees: Which Model Is Best for Advisors?Advisors Rick Ferri, Penny Phillips and Anna N'Jie-Konte debate the merits of different fee structures.
March 01, 2021
Agents and Advisors, Life Settlements and CompensationA life settlement industry player talks about how the money works.
January 13, 2021
Raymond James Trims CEO Pay 17% in 'Difficult Year'Chairman and Chief Executive Officer Paul Reilly's total compensation fell to $11.1 million in 2020, when the firm cut 500 jobs, from $13.4 million in 2019.
January 04, 2021
Ex-Rep Sues Morgan Stanley Over Deferred CompA broker says the firm wrongly withheld more than $500,000 from him when he left.
December 28, 2020
Revamped CFP Board Site Gets High Marks From PlannersThe Board says it will add more information in the future about how planners are paid.
December 16, 2020
Morgan Stanley to Roll Out 'Minor' Comp Changes for 2021Given its earlier "draconian cuts," the wirehouse doesn't "have much room to maneuver" next year, says recruiter Mark Elzweig.