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.
AXA US wins fee litigation in NJ court
By The LifeHealthPro EditorsIn a lengthy 159-page opinion, Judge Peter G. Sheridan detailed the courts decision that plaintiffs had failed to meet the burden of proving their case.
July 29, 2016
Cash-Hoarding Clients Hurt UBS in Q2But UBS' performance beat expectations and the U.S. wealth unit had a strong quarter, CEO Sergio Ermotti said.
July 25, 2016
How to Comply With IRA Comp Rules Under DOL FiduciaryAdvisors beware: Its a prohibited transaction for tax-qualified, ERISA-governed retirement plans, including IRAs, to pay more than reasonable compensation to the plans service providers.
July 21, 2016
Anthem-Cigna and Aetna-Humana breakup provisions, dissectedOne deal includes a $1.85 billion termination fee; the other, a $1 billion termination fee.
July 21, 2016
The SEC Investor Advocate’s View Askew: The Illusion of Fee DisclosureWhats missing in the SEC report are the costs to investors of recommendations by advisors who do not have a fiduciary duty.
July 14, 2016
Case design and support trump compensationIt's easy to focus on compensation when choosing a marketing partner, but coaching and support should carry greater weight.
July 14, 2016
Ask IMO candidates about difficult casesThe true value for an IMO is if they can get troubled cases placed as well as good cases.
July 11, 2016
Your 401(k) fees are attracting more attention — from lawyersFujitsu Technology is targeted in a class-action lawsuit that alleges fiduciary breaches related to its target-date funds.