The Practice: Fees and compensation
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October 18, 2017Morgan Stanley’s Fee-Based Asset Flows SlowFlows into fee-based accounts fall 21% from the second quarter with DOL’s fiduciary rule delay.No Comments
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October 17, 2017Vanguard ETFs Ditched By Another Major PlatformAs discount broker triples its commission-free ETF program Vanguard’s funds aren’t included.No Comments
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October 17, 2017Wells Fargo to Return $3.4M Over Sales PracticesFinra orders brokerages to pay back FiNet clients over volatility-linked products.No Comments
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October 16, 2017Merrill Lynch Productivity Dips While Wells Adds FAsMerrill's client assets are at record highs and revenue grew 5% year-on-year.Last Comment: October 16, 2017
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October 13, 2017DOL Rule Saves Wirehouses Big Bucks in RecruitmentRecruitment loans to brokers fell 13% at Morgan Stanley and 15% at UBS year over year.No Comments
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October 10, 2017Consumer Advocates: Brokers Are Exploiting DOL RuleGroup takes issue with brokers who’ve moved clients from commission-based accounts into more expensive fee-based accounts.Last Comment: October 10, 2017
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October 4, 2017Why Clients Might Want More Active Management Now (And What Some Advisors Are Doing About it)New industry study finds passive 'plateau' as assets going into active funds gain steam, yet advisors aren't convinced.Last Comment: October 4, 2017
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October 3, 2017Average CEO Pay at Big RIAs Nears $800K: FidelityNew benchmarking study breaks down compensation for 20 different roles.No Comments
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October 2, 2017Why Most BDs Say They Want to Keep the DOL RuleBut most brokers also want it rolled back in certain areas.No Comments
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September 28, 2017Average Assets at FT Top 401(k) Advisors SkyrocketIn 2017 the average top 401 retirement plan advisor manages $650m more in DC plan assets than last year.No Comments
