Subscribe

Wells Fargo tweaks deferred comp, pay on stock trades

Advisers could earn more deferred pay, but minimum ticket size for payout on equity trades upped to $125.

Wells Fargo Advisors' private client group has made small tweaks to its 2015 comp plan that provide some new deferred compensation incentives, while retracting or modifying other payouts.
The plan, which was rolled out on Wednesday to the firm's approximately 11,000 advisers in its employee channel

Subscribe or log in to read the rest of this content.

Related Topics:

Learn more about reprints and licensing for this article.

Recent Articles by Author

RIAs could be required to report suspected money laundering

Proposal from FinCEN would have investment advisers monitor and report questionable activity under the Bank Secrecy Act.

SEC fines RIA $2.8 million and bars owner in ‘Madoff of Main Street’ case

Regulator bars owner of Total Wealth Management, Jacob Cooper, known as 'Main Street Madoff' by former clients, and holds him liable in case where losses are expected to total as much as $44 million.

RBC, City National deal marries bank and brokerage

The $5.4 billion deal could have RBC's regional wealth management business looking more like a wirehouse or private bank than a regional firm.

Morgan Stanley hit with racial discrimination suit

As part of her claim, ex-broker alleges the wirehouse's recent move toward mandatory arbitration is an attempt to prohibit employees from publicly challenging unfair practices.

LPL faces reckoning from activist investor

With giant broker-dealer's stock down 25% from its high last year, experts say Marcato could push for major changes.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print