Choosing the right financial advisor can help secure your future. This article tackles common fee structures to help you make ...

Seven in 10 broker/dealer advisors say they’re satisfied with their current compensation packages, yet more than half of wirehouse advisors (62%) indicate their compensation plans are overly complex, ...

JPMorgan consumer and community banking CEO Marianne Lake said costs may climb about 9% next year, partly because of ...

The 2024 pay plan for the roughly 8,000 financial advisors at the Wells Fargo Advisors private client group is sticking to its core pay grid of the recent past but at the same time highlighting a ...

Every year, advisors anticipate changes to the compensation grids that determine how much they'll be paid for their production. A new report says those at wirehouses are often unhappiest with the ...

According to the most recent data from the Bureau of Labor Statistics (BLS), financial advisors have a median annual salary of $99,580 in 2023, which is significantly higher than the national average ...

When financial advisors surveyed for this year’s Report Card on Banks and Credit Unions size up their firms’ total compensation, many say that the firms doing it best offer elements beyond a basic ...

Major financial industry thought leaders, like Michael Kitces and Bob Veres, have written about the growth of incorporating fiduciary standards and fee-for-service structures as important developments ...

Competition for talent among registered investment advisors is fierce, and Charles Schwab identifies three core areas in what it calls the employee value proposition: compensation; benefits; and the ...

Fee-only and fee-based financial advisors may sound alike, but they are compensated differently. Learn which one you need and ...

The financial planning industry needs 70,000 new advisors in the next five years just to keep up with growth in the number of people seeking advice on everything from homebuying to retirement. And ...

Just weeks after losing a $1.1 million arbitration award to former advisors in a fight over deferred compensation, Morgan Stanley on Monday defeated a similar lawsuit from eight former brokers who ...