Are mutual fund wholesalers and advisors under-stressed and overpaid? Well, the folks at U.S. News & World Report seem to think so.

According to the pub, wholesalers earn a media salary of $109,000 by trying “to make their offerings seem best” among retirement plans “but skepticism is an occupational hazard in this job”. Also, advisors who earn a median salary of $111,000, “sometimes hawk products on behalf of favored financial firms or advocate active trading, which racks up fees, rather than more proven buy-and-hold strategies.”

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access