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.
UBS Expects Advisor Attrition Due to Pay Cuts
By Dinah Wisenberg BrinThe wirehouse's revamped incentive structure, intended to boost growth, reduces payouts for advisors with production under $750,000.
January 06, 2025
8 Funds That Are Cutting Expense Ratios: MorningstarThree funds are from Fidelity, which has kept performance fees despite their losing favor in the investing world.
December 23, 2024
Merrill to Settle Overtime Suit for $4.9MThe firm is establishing a fund to settle allegations that it underpaid certain salaried advisors and trainees.
December 09, 2024
ETF Share Classes in Mutual Funds: What to KnowAbout three dozen asset managers are seeking to offer an ETF share class.
November 21, 2024
Schwab Reviewing Advisor Network Referral FeesThe firm says it will be transparent with advisors in the program as any decisions are made.
November 13, 2024
FINRA Files to Raise Fees Starting in 2025The median large firm would pay an extra $415,000 a year by 2029.
November 07, 2024
Morgan Stanley Dealt Blow in Deferred Comp Clawback LawsuitThe new ruling could spur hundreds more advisors to file claims against the wirehouse, the plaintiffs' lawyer says.
October 25, 2024
How High-Performing RIAs Are Growing Their Profits: FidelityTop firms are better at controlling expenses and offer smaller discounts, a new benchmarking study finds.