Looking at any job or career path, a natural question arises: What am I going to be paid?
For advisors, the answer isn’t always straightforward. In fact, it’s quite complex and changing. That’s why Financial Planning has dedicated this issue to examining a complicated topic: What’s next for advisor pay?
To get a better handle on the latest trends in compensation, we broke it down into two pieces. First, contributing writer Kenneth Corbin examines
“All those things can amount to tens of thousands of dollars, and most firms don’t take credit for that. They’re missing an opportunity,” Anand Sekhar, vice president of practice management and consulting for Fidelity Institutional, tells Corbin.
Senior editor Toby Salinger looked at
Grid stretches, small account policy changes — it’s a lot to keep track of. On Wall Street’s annual compensation report is here to help.
“That flexibility is needed going forward. If you don’t provide the option today, you’re going to have to provide that option in the future,” Colleen Bell, chief fiduciary service officer at Cambridge Investment Research, tells Salinger.
Salinger has also put together a