Compensation
Compensation
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One of the recruits has more than two decades of experience.
December 28 -
The group is led by a veteran adviser who started her career in the late 1980s.
December 28 -
The recruit leaves a team led by a past On Wall Street Top 40 Under 40 adviser.
December 28 -
Adviser Zaneilia Harris seeks out clients who resemble a former version of herself — young, single, African-American women struggling to make wise choices — and keeps them by structuring compensation in an atypical way.
December 28 -
It's not too late to help clients improve their tax situation for 2016 and beyond.
December 28 -
The recruit oversaw $110 million in client assets while working for the wirehouse, according to the regional firm.
December 27 -
Many pension plans are facing financial woes, with many of them reducing pension payouts to their beneficiaries.
December 23 -
Clients who want to reduce their expenses during retirement may want to move to a state that doesn’t tax these government benefits.
December 23 -
The new recruits previously generated $1.5 million in annual revenue at UBS, according to the regional brokerage firm.
December 22 -
Underestimating longevity is one of the blunders that clients should be careful not to make.
December 22 -
Clients should consider switching to a Roth IRA or Roth 401(k) as investment growth and distributions are not subject to tax.
December 21 -
Surprise riches can help clients as much as hurt them.
December 21 -
Although clients pay taxes on the contributions they make, they can still expect tax savings as their money grows tax-free and future distributions are exempt from taxes.
December 20 -
Both recruits have more than two decades of experience.
December 20 -
The biggest advisers to go it alone this year managed over $13 billion in client assets.
December 20 -
Margins are down and expenses are up, Fidelity's new benchmarking study finds. Pricing models need to be re-visited.
December 20 -
The new hires opened two offices for the regional BD.
December 19 -
The fast-growing firm has recruited 25 advisers this year, and is affiliated with Raymond James.
December 19 -
"I lose years of my life. They can settle, write a check and move on," says an adviser whose book of business dropped by $40 million after he alleges he was wrongfully terminated.
December 19 -
The wirehouse will leave its core pay grid untouched for 2017.
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