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.
It's an Advisor's World as BD, RIA Options Multiply
By Janet Levaux | Jeff BermanHere's what advisors are demanding from broker-dealers and other industry players now, according to recruiters Louis and Mindy Diamond.
April 19, 2021
Focus Financial CEO Took 17% Pay Cut in 2020Rudy Adolf's total compensation decreased to $5.68 million from $6.81 million in 2019, according to a proxy statement.
March 24, 2021
LPL Trims CEO's 2020 CompensationOnly one LPL exec received a base salary increase in 2020.
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.