Remove 2013 Remove Commission Remove Fee Only
article thumbnail

3 Things You Don’t Know About Josh

The Big Picture

billion in fee only asset flows for the full year 2013; 37% of Morgan Stanley wealth management’s total client assets are now in fee based accounts a record high. Wells Fargo Advisors said at the end of 2013 it had $375 billion in managed account assets, roughly 27% of the $1.4

article thumbnail

Let a million RIAs bloom

Truemind Capital

The best way to solve this problem is by increasing the number of fee-only SEBI Registered Investment Advisors (RIAs) who by design think in the interest of clients. By regulation, RIAs can’t earn from commissions received from product companies. This aligns the advisor’s interest with yours and ends mis-selling.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Blunt, unfiltered truth about Indexed Universal Life

Sara Grillo

Prior to joining MetLife in 2013, Bobby was a consultant to life insurers, distributors and high-end agents. SARA GRILLO: Okay, what resources have you availed yourself of, they can provide us with more knowledge and transparency as a fee-only advisors or the advisors that are listening to this. Excuse exactly.

article thumbnail

Should the CFP Board police financial advisor “bad apples”? The debate continues! (Part Two)

Sara Grillo

Securities and Exchange Commission. 2013, March). Securities and Exchange Commission. 2022, August 1). CFP® Professional Demographics. Staff of the Investment Adviser Regulation Office. Division of Investment Management. Regulation of Investment Advisers by the U.S. Zweig, Jason, and Fuller, Andrea. 2019, July 30).

CFP 59