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.
8 Strategies for the Fee-Sensitive Prospect
By Bryce SandersSome people like to haggle. Here's what to tell them.
April 27, 2020
Put People First, Profits SecondThere are steps advisory firms can take now to ensure they have a future for their practices tomorrow.
April 23, 2020
Ex-BNY Mellon Exec Says He Was Illegally Fired for Reporting Legal Issue to In-House CounselJohn "Jack" Yang alleges that Alcentra gave him an unwarranted negative performance review and reduced his compensation.
April 16, 2020
Merrill Freezes Recruiting, Relaxes Performance HurdleSome 700 advisor trainees have been given temporary assignments elsewhere in the bank, an executive says.
March 30, 2020
Pershing Rolls Out Pricing Options, Taps Replacement for Tibergien"The custodial business-pricing model was ripe for disruption, … and this … begins to change the way in which the marketplace is oriented"
March 30, 2020
CFP Board Gets Heat for Dropping Comp Info on WebsiteThe Certified Financial Planner Board of Standards tells critics that only 7% of searches asked for compensation information.
March 04, 2020
Tibergien's Successor Says RIA Custodial Business Is Ripe for New Pricing ModelThe goal is for Pershing to become "the largest and most significant player" in the RIA custodial space, Ben Harrison says.
February 19, 2020
UBS Snatches $6B Wealth Team From GoldmanThe under-50 duo of Denis J. Cleary and Gregory M. Devine also have about $20 million in yearly fees and commissions.