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.
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.
October 24, 2024
Adam Dell's Latest Offering: No AUM Fees, No Subscriptions, Just PlanningClients and CFPs alike benefit from Domain Money's setup, the serial founder and Goldman alum says.
October 24, 2024
Merrill Holds Advisor Pay Steady for 2025Changes made to the comp plan in 2024 were successful, advisor program head Tim Shook says.
October 23, 2024
Many Advisors Say They Do Comprehensive Planning. The Facts Suggest Otherwise.A new Cerulli research report shows big gaps between what advisors say they provide and what clients receive.
October 16, 2024
XYPN Unveils 'New Path to Independence' via Corporate RIA, With a TwistThe Sapphire offering differs from other corporate RIAs in key ways, co-founders Michael Kitces and Alan Moore say.