Commission Communication Compliance Sales 
Inside Information
APRIL 1, 2024
Broker-dealers live off of the activities of their affiliated reps; they facilitate the transactions and asset management for a percentage of the commissions and fees that advisors/reps receive from their clients. The BD doesn’t control prices charged to clients except to the extent that it facilitates commissions.
Inside Information
MAY 30, 2023
In the accompanying articles, you will read how the ‘top’ broker-dealers are not really in the sales business anymore; they are now becoming national advisory firms. In most cases, with a few exceptions, sales are 40% or more of the total revenues, and are more often over 60%.
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Inside Information
OCTOBER 30, 2021
Rostad is currently focused on what he sees as our best chance for meaningful reform: getting the Commission to revise the Form CRS disclosure so that it provides a clearer explanation of the different business models of broker-dealers/wirehouses, on the one hand, and fiduciary RIAs registered with the SEC on the other.
Sara Grillo
APRIL 11, 2022
” As an hourly financial advisor he doesn’t make commissions for recommending products such as private REITs, structured products, etc. He also has considerably less of a compliance, operational, and administrative burden because he is not taking custody or discretion of his clients’ assets.
SEI
AUGUST 17, 2022
SEI Regulatory Services helps investment managers and institutions meet reporting and compliance requirements for pooled vehicles, alternative vehicles, separate accounts, sovereign wealth funds, family offices, and more—benefiting from a unique data warehouse approach, team of industry experts, and a single comprehensive platform.
The Big Picture
JANUARY 24, 2023
So you sell a lot of houses and you get commission on what you sell. There was XO Communication and McLeod. If equity is not for sale, but we think it’s a great safe business, like a great software business that someone else bought, we can lend to them. But when you’re in private equity, you own the business.
Sara Grillo
JUNE 2, 2022
Or, advisors who hustle and sell aggressively, push products to meet sales quotas, all the while neglecting their clients that they already “sold” – those are the people who may rank high by this metric. What about straightforwardness of communication? Community involvement is a qualitative factor. What about fiduciary standard?
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