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2020 was a challenging year for banks. The impact of COVID on the economy as well as changes to accounting for loan loss provisions were evident in weaker financial and stock price performance in 2020 for many banks and yet CEO compensation increased. Learn from experienced executive compensation consultants about the challenges Compensation Committees faced in 2020, why pay levels increased relative to 2019, what were common COVID-related compensation changes, and what changes were made for 2021 incentive plan design.
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The leading CPA financial planners with over $1 billion in assets under management
June 3 -
The private equity-backed wealth and 401(k) manager drew away an ex-Hightower team as part of its surging growth in the past year.
June 3 -
"The successful long-term players have the long-term tech driven trends right, and COVID just accelerated and magnified the trends," an expert says.
June 2 -
Four advisors launched a program for RIAs this summer with industry-changing potential.
June 2 - Wealth Think Building diversity into your tech ecosystem needs to be a priority, not an afterthought
Study after study shows that diverse teams lead to better outcomes. Here's how you can cast a wider net with fintech vendors.
June 2
Seismic -
Attitudes toward technology and pricing can make a difference when it comes to adopting financial tools.
June 1 -
So far, customers haven’t shown the same enthusiasm for their debuts as they have for their favorite meme stocks.
June 1 -
With class actions up for appeal and a daunting process facing some ex-servicemembers, the Biden administration faces tests of its commitment to equality.
June 1 -
A research and methodology company with a star-studded board launched the product with an eye toward advisors, retail clients and institutional investors.
June 1 -
Cryptocurrency exchanges, many of which aren't based in the U.S., don't require any registration or account information, writes Alexis Leondis.
June 1 -
While the worries are all valid, they don’t mean the approach has suddenly become financial suicide overnight, writes Emily Cadman.
June 1 -
"Inheritors are going to get killed" under the White House’s proposal to put the brakes on tax-free intergenerational transfers of wealth.
June 1 -
Almost 80% of advisors in a survey said their technology wasn’t meeting their needs — and more than half of that group said they are considering switching firms because of it.
June 1
Broadridge Financial Solutions -
Despite decades of corporate talk and experimentation, digitization strategies remain largely piecemeal, unfocused, and ineffective. Is change finally coming?
June 1 -
There’s a common cultural myth that says people don’t talk about money. I disagree; I think we talk about money all the time. Just not enough about what I describe as “the missing pieces of the money conversation.”
May 31
Sterling Investment Management -
The London-based banking giant announced a plan this week to exit the mass-market U.S. retail business and focus on managing the wealth of affluent globe-trotters. But other international banks will provide stiff competition.
May 28 -
Raymond James, LPL, Kestra, the SEC, Dynasty, Janney Montgomery Scott, Mercer Global Advisors, Adasina Social Capital, Fidelity and other quick takes from the week in financial advice.
May 28 -
Account openings on the app doubled in 2020 from a year earlier.
May 28 -
Uncertainty around coming tax changes and the coronavirus pandemic are making it harder for tax pros to plan.
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