Fee-based compensation

As Bob Dylan once sang, “the times they are a-changin.”

In five bite-sized offerings, Chairman Jay Clayton fails to tell the public what it needs to know about RIAs vs. brokers.

There’s a showdown looming between financial advisors and the custodians that safeguard their clients’ money. It’s been brewing for some time, and the move by Charles Schwab on Tuesday to offer commission-free trading makes the clash all but inevitable.

The annual “evolution revolution” report and an analyst’s overview show how fiduciary advice is reshaping wealth management.

Alternative compensation structures may provide more consumer protection, and drive higher client satisfaction.

The departures mean my practice is losing thousands of dollars in revenue — for now.

Reports of the death of fiduciary differentiation have been greatly exaggerated, contends fiduciary advocate Knut Rostad.

RIAs need to review fee flexibility, target markets, value and branding.

James Gorman dismissed any speculation after the unit posted record revenue and pretax profit in the second quarter.

Smaller RIAs want to follow Schwab’s lead. Will the model boost diversity and attract younger clients?

Lower costs are “pushing down what has been the economic model of our industry,” the Schwab EVP says at the In|Vest conference.

Expense ratios associated with the new products range from 0.05% to 0.07%.

Since introducing an ongoing fee model, the platform has seen a 25% rise in account openings, according to the firm.

When pricing for your subscription services, lessons can be learned from the online streaming giant.

The combined AUM of the top 10 companies has soared by 60% to more than $770 billion over the past five years.

Ranking RIAs by AUM or number of employees is misleading.

The largest increases came from the only firms in the sector reporting jumps of at least 20% or more in 2018.

The firm agreed to “remove language that formed the basis of the alleged misrepresentations."