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The advisers oversaw nearly $900 million in combined AUM, and moved to Morgan Stanley, Raymond James and HighTower.

Compensation is just part of the consideration for an adviser to go independent.

Using only monetary rewards as the sole means of motivation is a missed opportunity to spur advisers to greater levels of production and productivity.

Commission, salary or bonus: Who gets what, how and where? We've got it all here.

A breakdown of adviser comp by bank asset size. See how you compare.

Aaron Weitzman currently covers a myriad of municipal topics on the sell side for The Bond Buyer. He is primarily responsible for covering the sell-side of the muni market, and often contributes to the daily coverage of the primary and secondary markets. Aaron also focuses in on bond insurance and underwriting businesses. Previously, he wrote for the fantasy sports website Rotoballer and covered the flooring industry for Hearst Business Media. He holds a bachelor’s degree in English writing from the University of Pittsburgh.

The investment manager has filed an initial registration statement with the SEC for eight funds, sub-advised by two affiliates of Legg Mason.

They're not the only ones questioning the outlook for inflation.

To save time and money, the megabank is embracing machine learning-driven tools.

The fund, co-managed by Dan Ivascyn and Alfred Murata, returned an average of 8.5% annually over the last five years.