We recently hosted a webinar titled: Leveraging Data For Compensation in LPL Bank and Credit Union Programs. With an excellent panel of experts, we discussed best practices with leveraging data for advisor compensation, including the following topics: A look at key trends in advisor compensation planning. How technology can boost back-office efficiency and productivity. A […]
Financial Planning Represents an Increasingly Important Role Research conducted by Financial Planning shows that in 2017, fee-based revenue overtook commission-based revenue for the first time. There is a myriad of factors driving this change, including industry regulation, the stability of a fee-based revenue model, and investors’ desire for holistic advice. As investment firms embrace a […]
Updated Dec 21, 2020 Summary “Is mutual fund direct business a viable option for our firm?” remains an important question for broker-dealers to ask. This article provides a framework to help find the answer. Simply put, direct business involves transactions between a broker and a mutual fund company. In recent years, broker-dealers have limited — […]
Updated Dec 21, 2020 Advisor Team Model The advisor team model remains a growing trend in the investment services industry. According to Cerulli Associates 2018 Advisor Metrics study, more than half (54%) of all advisors operate in a team structure. Merrill Lynch is leading this trend with 77% of its advisors operating within a team-based […]
Our free interactive data chart shows the percentage of revenue that advisors make at different production levels, based on data from the Kehrer Bielan 2018 Advisor Compensation Study. We’ve created this interactive data chart to help you pull valuable insights for your advisor compensation planning. You can interact with the data, compare by firm size […]