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.
Dually Registered Firm Penalized for 12b-1 Fee Infractions
By Melanie WaddellBPU Investment Management purchased, recommended or held mutual fund share classes that charged 12b-1 fees instead of lower-cost ones.
January 22, 2020
4 Reasons to Change Your Fee StructureIf you can communicate the true cost of your value, you should have little client pushback on fee changes.
December 26, 2019
DFA Cuts Management Fees on 77 FundsThe cuts, ranging from 1 to 8 basis points, take effect Feb. 28.
December 12, 2019
Wells Fargo Leaves Comp Grid Alone for 2020, Tweaks Payouts on Small AccountsIt's "notable" that Wells Fargo has left its grid intact as other wirehouses have made changes, recruiter Mark Elzweig says.
December 12, 2019
Stock Compensation: It's ComplicatedAn advisor well-versed in the ins and outs of equity compensation can be indispensable to wealthy executive clients.
November 13, 2019
Equity Plan Participants Need Your Advice: SchwabLess than half of these employees have sold any of their stock, and an overwhelming majority want more education, Schwab found.
October 21, 2019
SEC Issues FAQ on 12b-1 Fee Disclosure ObligationsThe FAQ is seen as a response to complaints on the SEC's Share Class Selection Disclosure Initiative.
September 30, 2019
SEC Hits 17 More Advisors in 12b-1 Fee CrackdownThe firms include 16 advisors that self-reported as part of an enforcement initiative.