How This Survey Was Conducted: Between Jan. 14 and Feb. 25, 2015, REP. magazine emailed invitations to participate in an online survey to print subscribers and advisors in the Meridian-IQ database at over 80 independent broker/dealers. By Feb. 25...
The ascendancy of fee-based compensation in the independent broker/dealer space continues. Nearly 48 percent of advisors’ compensation comes from asset-based fees, up from 36 percent in 2011. Commissions accounted for another 48 percent of adviso...
Many b/ds offer their reps special perks and incentives beyond payout. Eighty percent of advisors said their b/d offers top-producer reward trips, compared to about 73 percent in last year’s Independent Broker/Dealer Report Card. About 73 percent...
With the president throwing his support behind a proposed fiduciary standard for retirement accounts, the debate over the rule is intensifying. Fifty-three percent of advisors who responded to our survey are already serving in a fiduciary capacit...
Nicholas Schorsch’s RCS Capital Corp.’s recent acquisition spree of independent broker/dealers has put the fear of God into some independent reps thinking “could my firm be next?”
The fear their firms will be acquired, fundamentally changing the...
Alternative investments have been available for many years, and have been particularly popular with institutional investors (such as pensions and endowments), which have sought them out in an attempt to manage risk, improve diversification and...
The majority of advisors participating in REP.’s 2014 Independent Broker/Dealer Report Card indicated that they are likely to remain affiliated with their current IBD during the next year. This is excellent news for independent broker/dealers, es...
