Compensation
Compensation
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Also this week, Ameriprise CEO James Cracchiolo sees a 12% bump in compensation in 2024 and new LPL CEO Rich Steinmeier also sees a hefty pay bump.
March 28 -
Wage growth for job-hoppers is on the decline, but financial advisors say that might be a good thing for long-term retirement savings.
March 28 -
These tax-advantaged savings accounts will be open next year to a much wider range of disabled clients.
March 20 -
Citi's proxy statement praises its head of wealth for bringing in net new assets and talent.
March 19 -
Founder Steven Fox is asking for a flat $18,000 per year from planners to act as their RIA and platform provider to drive changes to fee models across the industry.
March 18 -
Not long after announcing a new set of services for high net worth clients, Edward Jones rewards CEO Penny Pennington with a $29 million compensation package.
March 17 -
Retirees are living longer than ever, but the wealth management industry is far from unanimous about how to plan around that fact.
March 14 -
Stifel pulls a $1.35 billion team from Raymond James, while LPL draws from Edward Jones and Wells Fargo, in advisor moves this week.
March 14 -
A federal judge agrees with Merrill that deferred compensation is a bonus used to reward employee loyalty rather than a retirement benefit protected by federal law.
March 12 -
With more views and options for financial advisors to be independent, TritonPoint Partners is offering up its take on flexibility, cash and equity, and employment status.
March 12