In today’s M&A-rich environment, many advisory firms are looking to get in on the action. But most would-be buyers and sellers come up empty because of unreasonable expectations...

While there are few changes in compensation structures brokers with Wells Fargo Advisors in 2016, the firm is implementing a new program that will pay reps to get rid of their smaller clients...

The independent advisory industry needs to find the collective will to create its own self-regulatory organization in order to avoid the possibility of coming under the heel of FINRA, according to Andrew Wels, chief regulatory counsel at legal...

How This Survey Was Conducted...

Advisors’ gross production varied widely by firm in this year’s survey results, with Morgan Stanley advisors reportedly taking the crown by a wide margin. But while advisors across all firms reported increasing their gross payout by 12 percent ov...

While most advisors report that their revenue payouts hover in the traditional 40 to 45 percent range, Wells Fargo advisors report receiving the lowest range and Morgan Stanley the highest. Yet while these firms are often criticized for their ...

It’s no surprise that younger advisors have fewer assets under management, yet they are growing at a faster clip. Advisors under the age of 35 reported managing $69 million in assets on average, compared to the $128 million managed by advisors ag...

Of the advisors who participated in the 2015 Broker Report Card, 21 percent were women. Eleven percent of advisors were under the age of 35.  Battle of the Sexes Female brokers make a third less than their male counterparts, according to th...

The Department of Labor is set to rule that brokers working with retirement accounts meet a fiduciary standard. Half of older advisors believe that will have a negative impact on their business, productivity and clients; younger advisors are less...