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.
Morgan Stanley's Branch Plans: Consolidation to 750 Offices in U.S.
By Janet LevauxIn the latest quarter (ended March 30, 2010), MSSB had 18,140 financial advisors, down a tad from 18,135 in the fourth quarter of 2009 and 18,444 in the second quarter of 2009.
March 29, 2010
There Is No Perfect Custodian, but . . .This past week I received a couple of phone calls from advisors who were seeking an unbiased opinion about my custodian, TradePMR. Although I've written...
March 02, 2010
Consumers demand financial protection93% -- Percentage of respondents who favor enabling consumers to be able to check an investment advisor's background for professional misconduct.
February 04, 2010
Labor Weighs In On Schedule C Comp ReportingThe Employee Benefits Security Administration has issued a new batch of advice that will affect how insurers, benefit plan administrators and benefit plan sponsors go about calculating 2009 "reportable compensation."
February 04, 2010
Labor Weighs In On Schedule C Comp ReportingThe Employee Benefits Security Administration has issued a new batch of advice that will affect how insurers, benefit plan administrators and benefit plan sponsors go about calculating 2009 "reportable compensation."
January 26, 2010
Wealth Management Firms Not Merging With Wirehouse TeamsTheoretically, there should be more mergers of wirehouse teams into wealth management firms. Why aren't there?
January 18, 2010
House Unit To Mull Bank PayThe House Financial Services Committee will hold a hearing Friday on the compensation practices at big banks.