Fee-based compensation

In releasing their annual snapshot, state securities agency officials pledged to provide clarity around the compliance headache for small practices.

In a bid to attract clients left out by AUM fees, IBDs are enabling advisors to take approaches first made popular in the full RIA channel.

Planners and experts dive into wirehouse pay, charging clients at a higher rate, emerging business models and other key issues.

Lower transaction costs can often come with higher expense ratios at the nation’s largest IBD.

The number of advisors registering with FINRA has fallen since 2016, as more planners elect a fee-only model.

The firm is dropping management fees on robo accounts with $10,000 to $50,000, turning to a minimal per-month charge instead.

The list shows how firms of all sizes face a pivotal balancing act in seeking to recruit and retain advisors.

The widespread popularity of the compensation descriptor, long ballyhooed by RIAs, ultimately proved problematic for the CFP Board which has updated its standards.

In a sign of long term changes and pivotal questions for the industry, the difference between the amount of fees and commissions in the sector has nearly doubled.

This interactive tool provides the full collection of data from Financial Planning's 35th annual study of the largest firms in the space.