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.”

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.