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.
Goldman Raises CEO Pay 24% After Firm's Profits Slump 24%
By Sridhar NatarajanDavid Solomon's pay jump to $31 million was greater than every other large bank CEO whose compensation has been disclosed.
February 02, 2024
Adam Malamed Reflects on First Year as Sanctuary Wealth CEOHe has been working on strategic acquisitions "since before it was cool to be independent," he says.
February 02, 2024
6 New Findings on How (and How Much) CFPs Are PaidCFPs earn 12% more than other planners and report high career satisfaction, a new CFP Board survey finds.
February 01, 2024
Raymond James to Pay Fine in Oregon Over High CommissionsThe penalties and restitution come after the firm agreed to a $13 million multi-state settlement last year.
January 31, 2024
How Envestnet Is Powering a New Approach to Serving Wealthy ClientsEnvestnet is seeing high demand for both high-end and low-end client suppport, Dana D'Auria says.
January 18, 2024
DOL Proposes Regs to Help Job Changers Move 401(k)s AutomaticallyBiden administration officials say automatic portability will reduce cash-outs of small retirement account balances.
January 11, 2024
Advisors Battle Morgan Stanley Over Deferred Comp 'Clawback'About a dozen former advisors say the firm improperly withheld deferred compensation in violation of ERISA.
January 09, 2024
Cambridge Launches New Fee-Only RIABridgePort Financial Solutions, led by Eddie Rollins, will acquire stakes in small and midsize firms.