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.