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.
IIPRC Approves Filing Fee System
By Staff WriterMembers of the Interstate Insurance Product Regulation Commission have adopted a filing fee proposal.The proposal calls for each independent insurer to pay an annual IIPRC ...
August 26, 2007
What Are You Really Worth?Historically, independent advisors have had a hard time bringing themselves to charge enough for financial advice. I think that's been a large part of the...
August 01, 2007
Will 12b-1 Fees Survive?Will the securities and Exchange Commission repeal 12b-1 fees? It depends on whom you ask, but SEC staff will recommend changes that Chairman Christopher Cox...
July 19, 2007
Fiduciary FirstThe pension plan of Rockford, Illinois-based Savant Capital Management, is the first in the U.S. to be certified by the Centre for Fiduciary Excellence (CEFEX), based in Toronto. The criteria for certification include "22 fiduciary practices that seek to increase long-term investment performance by diversifying the portfolio across multiple asset...
July 11, 2007
Getting the Price RightFor the first time in four years, advisors raised their asset management fees taking them back to 2004 levels, a dramatic reversal from the trend of the past three years in which advisors were providing more services and more attention without raising fees.
June 20, 2007
When Should I Deduct Fees?There is a lot to keep up with when you run your own advisory firm. Not that this is a surprise, but staying abreast of...
June 15, 2007
The Four Sources of My IncomeI'd like to begin this blog by recapping my progress to this point. My business income will come from four primary sources. First will be financial...
June 10, 2007
A Wave Of Class Action Lawsuits Over 401(k) Plan Fees Has BegunOver the past few years, there has been a plethora of litigation regarding tax-qualified retirement plans that invested in or permitted participants to invest in ...