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.
A Wave Of Class Action Lawsuits Over 401(k) Plan Fees Has Begun
By Jay DorschOver the past few years, there has been a plethora of litigation regarding tax-qualified retirement plans that invested in or permitted participants to invest in ...
May 01, 2007
Smith Barney Shares More Details on New Comp PlanSmith Barney has been tweaking its new compensation plan a bit, since rolling it out in December 2006. "It's generally been well received, says Kevin...
April 30, 2007
Coming Together to Solve the Compensation IssueHi, and welcome to The Fast Track, a weekly posting of my thoughts and rantings on issues related to how established advisors can grow their...
March 11, 2007
Improving 401(k) Fee Disclosure On Fast TrackThe Department of Labor making swift improvements in regulations dealing with disclosure of the cost of managing 401(k) and other defined contribution accounts to plan ...
March 01, 2007
401(k) Plans' Dirty Little SecretAmong the 50 largest providers of 401(k) plans, approximately one third are insurance companies. These firms, and the salespeople that represent them, have mastered the...
February 09, 2007
The Price Is Right (Or Is It?)As market conditions have become more challenging, investment advisors have slowly, yet steadily moved toward a planning or project fee compensation emphasis as opposed to...
February 04, 2007
Senators Say Deferred Comp Provisions 'Overreached' And Will Be ChangedKey members of the Senate Finance Committee made clear late last week that provisions of Senate legislation that would severely deter use of deferred compensation ...