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.
72% of Advisor Revenue Is Fee-Based: Cerulli
By Michael S. FischerIn contrast, commission-based revenues have plummeted to 23% of an average advisor’s revenue, the study found.
February 14, 2025
Low-Cost Vanguard Generates the Most Fee Revenue: MorningstarVanguard's "hugeness" enables it to gobble market share as its low costs attract investors, Morningstar says.
February 14, 2025
Morgan Stanley Pays CEO Ted Pick $34M in First Year Leading BankHe was paid $44 million for 2023, which included a $20 million special bonus amid the leadership transition.
February 13, 2025
Schwab to Raise Advisor Network Referral Fees by 5%The fee changes for advisors utilizing the Schwab Advisor Network program will take effect later in 2025.
February 06, 2025
UBS Expects Advisor Attrition Due to Pay CutsThe wirehouse's revamped incentive structure, intended to boost growth, reduces payouts for advisors with production under $750,000.
January 17, 2025
Goldman Gives CEO Solomon $80M to Stay Put, Hikes Pay 26%The retention awards for both him and President John Waldren entail no stock-performance metrics.
January 13, 2025
The 4 Types of Prospects and How to Sell to ThemLongtime sales consultant Nancy Bleeke Noel tells ThinkAdvisor the keys to overcoming objections and adding clients.
January 06, 2025
8 Funds That Are Cutting Expense Ratios: MorningstarThree funds are from Fidelity, which has kept performance fees despite their losing favor in the investing world.