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.
NFP Changes Incentive Plan, Brand
By staff WriterNational Financial Partners Corp. today vested some principals' restricted units early and also changed its logo.
July 16, 2010
Dear OFS: About That Compensation Report . . .The Office of Financial Stability (OFS) is asking for comments on the Troubled Asset Relief Program executive compensation data collection effort.
July 16, 2010
Bank of America Profits Fall as Merrill Boosts Advisor Headcount, Fees & Income in Q2Merrill Lynch has 15,142 financial advisors vs. 15,005 in the previous quarter and 15,008 a year ago.
June 30, 2010
Investors Cap Reports Net Profit for Fiscal YearInvestors Capital posted annual net income of $320,000 for the fiscal year ended March 31, 2010, vs. a net loss of $1.83 million a year earlier. Adjusted earnings were
June 25, 2010
AIG Sketches New Executive Pay PlanAmerican International Group Inc. has outlined a plan aimed at attracting and retaining executives as it works to repay the government, which owns about 80% of the company.
June 17, 2010
Harvard's Bebchuk Urges More Shareholder Control of Executive PayStandard pay arrangements reward executives for short-term gains and generate incentives for them to take excessive risks and trade off long-term stock performance, says an in-depth Harvard study on how to tie compensation to shareholder value.
June 01, 2010
The Business of Advice: Paying to FailEveryone has heard the old adage "you get what you pay for." Applying this maxim to an advisory firm leads to the conclusion that more...
May 01, 2010
What's Your Advice WorthWith the advisory role expanding and profit margins shrinking, industry chatter has turned to a touchy topic: the advisor's price tag. As Dennis Gallant, president of...