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.
Surviving an audit
By staff WriterDon't submit to an audit on the spot if it upsets essential client meetings. Don't try to anticipate what the auditor will focus on. Develop a compliance manual for your practice. Don't apply logic to SEC requirements. Assig
November 01, 2008
Measure Twice, Sell OnceBy Brad Buffermann, David Grau, and Bob Clark Down markets are traditionally good for independent advisory practices. Many firms get a flood of new clients deserting...
November 01, 2008
The Essence of IndependenceThe heavy hits taken by wirehouse firms during the last few months' turmoil have led many brokers who may have idly thought about going independent...
October 01, 2008
Playing FairWhen it comes to negotiating compensation for yourself, you should propose a fair compensation package. In using that phrase, I'm not talking about those "fair...
October 01, 2008
Know ThyselfI get a lot of e-mails and chat room inquiries (the preferred mode of communication of my generation) from NexGen advisors asking how much they...
September 19, 2008
Panel Schedules AIG HearingThe House Oversight Committee plans to meet Oct. 7 to review the "regulatory mistakes and financial excesses" that led to the current problems at American ...
September 18, 2008
Panel Schedules AIG HearingThe House Oversight Committee plans to meet Oct. 7 to review the "regulatory mistakes and financial excesses" that led to the current problems at American ...
September 11, 2008
Consumer Reps Work On NAIC Conflict StatementBirny Birnbaum has come up with a list of sample situations that could help National Association of Insurance Commissioners consumer representatives avoid potential conflicts of ...