Seven in 10 broker/dealer advisors say they’re satisfied with their current compensation packages, yet more than half of wirehouse advisors (62%) indicate their compensation plans are overly complex, ...

According to the most recent data from the Bureau of Labor Statistics (BLS), financial advisors have a median annual salary of $99,580 in 2023, which is significantly higher than the national average ...

Every year, advisors anticipate changes to the compensation grids that determine how much they'll be paid for their production. A new report says those at wirehouses are often unhappiest with the ...

2023 is shaping up to be a relatively quiet year for compensation changes around the largest broker-dealers, with a few exceptions among some of the regional-national firms. Processing Content One ...

Bradford Smithy, CIMA, is a founding partner at Elevation Point, where he leads the firm's wealth management business. With more than 30 years of wealth management experience, Smithy champions advisor ...

Competition for talent among registered investment advisors is fierce, and Charles Schwab identifies three core areas in what it calls the employee value proposition: compensation; benefits; and the ...

In keeping with its message that its financial advisor work force is steadying after years of upheaval, Wells Fargo Advisors on Wednesday released details of its 2025 incentive compensation plan for ...

Wells Fargo’s brokerage unit is making it easier for advisors to qualify for a higher pay rate, but reducing some payouts on small accounts as part of its financial advisor compensation plan for 2025.

Just weeks after losing a $1.1 million arbitration award to former advisors in a fight over deferred compensation, Morgan Stanley on Monday defeated a similar lawsuit from eight former brokers who ...