Displaying 15 results
Want to win over the unadvised affluent? Try cost transparency
Nearly half of prospective affluent clients cite opaque costs as the most difficult challenge, Cerulli says.
Oregon orders Raymond James to pay nearly $200K over ‘unreasonable commissions’
State regulator imposes penalties in relation to overcharging exposed by multistate investigation.
New annuity products don’t have ‘icky feeling of commission’
Some advisors are coming round to annuities but survey reveals majority seldom recommend them – and clients don't listen anyway.
Are AUM fees heading toward extinction?
The asset-based model is the default setting for many firms, but more creative thinking is needed to attract the next generation of clients.
When fiduciary duty is at odds with what’s right for clients
It's time for the financial services industry to rethink its rules when it comes to offsetting fees.
Flat fees gain traction among advisers critical of asset-based pricing
While the financial planning industry clings to the more lucrative asset-based fee model, a steady push toward flat fees is gaining steam.
Schwab to offer T. Rowe institutional shares commission-free
Five years after competitor Fidelity launched its no-transaction-fee platform for institutional shares, Schwab is following suit in a similar deal with T. Rowe Price.
Insurance products are morphing into securities
Carson Group Excell conference whets the appetite of advisers looking for fee-based insurance products.
The outlook for the independent broker-dealer model
For the increasingly fee-based advisers at independent broker-dealers, the transition to the RIA model is likely to pick up speed in the years to come.
Finra smacks small B-D with $1.55 million penalty for churning
Worden Capital Management displayed lax oversight of brokers' trades, according to Finra
Raymond James sues Ohio National for $10 million in VA commission fight
Raymond James is the latest broker to join the tussle over compensation on the insurer's variable annuities
CFP Board removes compensation descriptions from consumer website
Organization says the best way for clients to select an adviser is ‘to have a conversation’ with the adviser
It’s 2020, and the chase for big commissions is back
The financial advice industry is priming the pump to increase sales of high-commission products
Schwab cuts online brokerage fees to zero
U.S. stocks, ETFs and options will be free to trade on the platform starting next Monday.
Texas suspends one adviser, orders second to repay commissions
Mark Trewitt sold private fund that collapsed; Clair Crossland sold risky investments
