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Fee-based compensation |
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Fee-based compensation Payment to a financial adviser of a set hourly rate, or an agreed-upon percentage of assets under management, for a financial plan. When the plan is implemented, the adviser may also receive commission on some or all of the investment products purchased, which would be fee-and-commission compensation. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Just as broker-dealers are implementing a fee-based compensation choice, CPA financial advisers have learned that the commission versus fee quandary is a nonstarter. In terms of interest in the programs, wirehouse/regional reps measured higher than both RIAs and independent broker/dealers, which would coincide with the increased focus of these firms to transition their representatives to more fee-based compensation, Mr. The recently completed survey provides a compelling argument that fee-based compensation programs will be an attractive alternative for financial advisors in the future. |
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