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.
Here's How Much Financial Planners Were Paid in 2023
By Michael S. FischerThe median total compensation for CFPs was 10% higher than that of other planners, a study finds.
September 03, 2024
Fast-Growing Firms Do These Things Well: StudyMany RIAs are focused on moving upmarket, but a new survey warns that might be a mistake.
August 20, 2024
Risks Are Piling Up for Firms' Cash Sweep Programs: ReportThe uptick in litigation and regulatory activities could entail higher costs, which might hurt advisor recruiting deals, an expert says.
August 16, 2024
Complaint Accusing Advisor of Churning Retirees' Accounts DroppedIn the case, an RIA had been blamed for costing a couple over $800,000 through excessive and inappropriate trades.
August 16, 2024
What Advisors Need to Know About the Fiduciary RuleRegulatory uncertainty is real, but practice management efforts can help firms stay ahead of the game, legal experts say.
August 05, 2024
'As an Industry, We Can Do Better' for Clients, RIA Says"Wall Street uses tricks to fool customers," Merrill advisor turned RIA Christopher Manske says.
July 22, 2024
Kitces: 5 Industry Trends Reshaping Financial AdviceThe advice business has reached a generational turning point, the popular blogger says.
July 16, 2024
Advisor360 Launches Bulk Repapering ServiceThe firm says its new service can transition up to 6,000 client accounts in a matter of minutes.