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.
No, Asset-Based Fees Don’t Make Any Sense
By James Osborne"Better than commissions" isn't an adequate defense of the AUM model. There are many advisors who prove that a retainer or hourly fee model works.
February 20, 2014
Doctors tell exchange to fix directoriesMost major California carriers are paying less for QHP enrollees.
February 20, 2014
Wis. bill could change LTCI comp rulesSenate Bill 581 would affect pay for replacing policies.
February 20, 2014
Wis. bill could change LTCI comp rulesSenate Bill 581 would affect pay for replacing policies.
February 18, 2014
Investors Cap Grows Sales 20% but Reports LossThe IBD says expenses rose due to higher commissions and fees, as well as legal expenses tied to its merger with Nicholas Schorschs RCS Capital.
January 24, 2014
Report: JPMorgan set to give Dimon pay hike despite legal woesJPMorgan Chase boss Jamie Dimon is set to get a raise, even though the bank was forced to pay billions in fines and settlements last year.The New…
January 21, 2014
Coaches Corner: Building the Right Comp Plan for Your New HireRecruiting valuable people is the largest investment that you as an advisor will make, so be sure to incentivize your new hire correctly.
January 15, 2014
Making the leap from commissions to feesAgents and brokers may believe it preferable to retain an insurance-focused practice, even if means lost business.