Best advisor pay for the $600K producer
Financial Planning
The leading resource of news, data and analysis for the wealth management industry.
Financial Planning continues its annual analysis of base pay for advisors by looking at payout rates for those with $600,000 in production in 2022. You can see our earlier analysis of $400k producers here, as well as what industry executives expect from pay this year..
In other news:
With the largest U.S. recordkeeper by AUM breaking the seal, advisors can expect more custodians to offer cryptoassets to plan participants.
Running an advisory practice is a complex business, but wealth managers have access to resources, strategies and recommendations that can help.
A giant wealth manager is expanding its reach in a rapidly consolidating channel of the industry that simultaneously needs to hire a lot more financial advisors.
Regulators and industry insiders talked about the hottest topics in fintech during FINRA’s annual conference.
In a symposium, SEC Chair Gensler voiced concern about the technologies’ possible conflicts, biases and systematic risks.
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